The companys actual payroll cost amounted to 456000. if the, Ask an Expert

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Newbill Enterprises recently used 24,000 labor hours to produce 8,600 completed units. According to manufacturing specifications, each unit is anticipated to take 2.75 hours to complete. The company's actual payroll cost amounted to $456,000. If the standard labor cost per hour is $19.20, what is the Newhart's labor rate variance ?

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Accounting Basics, Accounting

Category:- Accounting Basics
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