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Business, 04.06.2021 19:30 iicekingmann

The following labor standards have been established for a particular product: Standard labor-hours per unit of output 8.6 hours Standard labor rate $ 15.80 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 10,700 hours Actual total labor cost $ 167,455 Actual output 1,500 units What is the labor rate variance for the month

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