Question 12 levram company uses a standard costing

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Question 12Levram Company uses a standard costing system. During the past year, the followingvariances were calculated:Direct labor rate variance......................$23,000 UnfavorableDirect labor efficiency variance................$43,500 UnfavorableVariable overhead efficiency variance...........$30,000 UnfavorableAccording to Levram's standards, every unit produces should require two direct laborhours and the standard variable overhead rate is $4 per direct labor hour. During thepast year, Levram used 15% more direct labor hours than should have been used giventhe standards.Calculate theactual direct labor hours workedby Levram Company during the past year.SHxSR)(SHx4)4SH57,500
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Term
Spring
Professor
SMITH
Tags
Direct material price variance, Pato

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