What is the labor rate variance for january


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Q: Pikus Corporation makes a product that has the following direct labor standards: In January the company's budgeted production was 3,400 units, but the actual production was 3,500 units. The company used 640 direct labor-hours to produce this output. The actual direct labor cost was $8,960. The labor rate variance for January.

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Accounting Basics: What is the labor rate variance for january
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