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1. A restaurant has following information. Budget working hours: 3,900 Actual hours worked: 4,000 Budgeted hourly wage: $10 Actual hourly wage: $10.50 What is the

1.

A restaurant has following information.

Budget working hours: 3,900

Actual hours worked: 4,000

Budgeted hourly wage: $10

Actual hourly wage: $10.50

What is the labor rate variance?

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