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Borden Enterprises uses standard costing. For the month of April, the company reported the following data: Standard direct labour rate $10 per hour Standard hours allowed for actual production 8,000 Actual direct labour rate $9.50 per hour Labour efficiency variance $4,800 favourable What was the labour rate variance for April?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M938426

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