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A company has determined that the standard for labor is 2 hours per unit at $10 per hour. If a process produces 1000 units and

A company has determined that the standard for labor is 2 hours per unit at $10 per hour. If a process produces 1000 units and uses 2.3 hours at $9 per hour, the labor rate variance is

Select one:

a. $2100 favorable

b. $2100 unfavorable

c. $3000 unfavorable

d. None of the above

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