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A company expects each product to take 4 hours to make at a cost of 15 per hour. It expects to make 6,000 products this

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A company expects each product to take 4 hours to make at a cost of 15 per hour. It expects to make 6,000 products this period. At the end of the period the company had made 6,500 products, used 32,500 hours at a total cost of 536,250. What is the labour rate variance? Select one: a. 48,750(F) b. 97,500(F) c. 48,750(A) d. 97,500(A)

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