Lafaso Corporation has provided the following data concerning its direct labor costs for July:
The Labor Rate Variance for July would be recorded as a:
A) credit of $7,014.
B) debit of $8,584.
C) debit of $7,014.
D) credit of $8,584.

Name: Lafaso Corporation has provided the following data concerning its direct labor costs for July: The Labor Rate Variance for July would be recorded as a: A) credit of $7,014. B) debit of $8,584. C) debit of $7,014. D) credit of $8,584.
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Question

Lafaso Corporation has provided the following data concerning its direct labor costs for July: 
The Labor Rate Variance for July would be recorded as a:
A) credit of $7,014. 
B) debit of $8,584. 
C) debit of $7,014. 
D) credit of $8,584.

Quizplus · Accepted Answer

The Answer is A

Lafaso Corporation Has Provided the Following Data Concerning Its Direct