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Business, 30.03.2020 22:12 debordc17

The following information is presented for the Hoya Manufacturing Company. β€” Direct labor rate standard is $12.75. β€” Direct labor efficiency standard is 2.5 hours per unit. β€” Budgeted production is 1,200 units. β€” Production required 2,250 direct labor hours at an actual cost of $29,168. β€” Actual production is 1,200 units. What is the direct labor price variance?

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