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78. The following data relate to direct labor costs for February: Actual costs 7,700 hours at $14.00 Standard costs 7,000 hours at $16.00 What is

78. The following data relate to direct labor costs for February:

Actual costs 7,700 hours at $14.00

Standard costs 7,000 hours at $16.00

What is the direct labor rate variance?

a.$14,000 favorable

b.$14,000 unfavorable

c.$15,400 favorable

d.$15,400 unfavorable

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