At the starting of last year diekow productions set direct, Ask an Expert

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problem: At the starting of last year, Diekow Productions set direct labor standard of 20 hours at $15 every hour for each product produced. During the year, 20500 direct labor hours were actually worked at an average cost of 16 dollar per hour. Use this data and the applicable information in E6, compute Diekow production’s direct labor rate & efficiency variances for the year?

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