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Actual and Standard Rate Price Variance Assignment | Top Universities

During March 2017, Toby Tool & Die Company worked on four jobs. A review of direct labor costs reveals the following summary data. Actual Standard Job Number Hours Costs Hours Costs A257 200 $4.400 205 $4.510 A258 470 11,280458 10,076 A259 315 7.403 313 6,886 A260 110 2200 105 2310 Total variance Total Variance $110 F 1,204 U 517 U 110 F $1.501 U Analysis …

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