(Answered) Question - tip top corp produces a product that requires

Accounting

Question - Tip Top Corp. produces a product that requires 10.0 standard hours per unit at a standard hourly rate of $19.00 per hour. If 2,600 units required 27,300 hours at an hourly rate of $18.43 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

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