Brass works inc. produces brass lamps and gift products., Ask an Expert

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Brass Works, Inc. produces brass lamps and gift products. Engineers at Brass Works have established the following direct labor standards to produce a brass candelabra:

Direct Labor Standard: 2 hours at $10 per hour

During April, Brass Works used 2,380 hours of direct labor time to make 1,000 candelabras. The actual wage rate paid was $9 per hour.

Compute the following variances: (1) direct labor rate variances, (2) direct labor time variance, and (3) total direct labor variance.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9441173

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