The standard labor cost in the production of a pair of Runner Brand...
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Accounting
The standard labor cost in the production of a pair of Runner Brand athletic shoes is 0.40 hours at $14.00 per hour. During the month of June, 25,710 pairs were produced. Actual labor costs were $130,350 for 8,690 hours. Compute the labor rate and labor efficiency variances for the month of June. (Round actual wage rate to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 125 . Enter all variances as a positive number.) eTextbook and Media Attempts: 0 of 1 used
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