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A company makes one product and uses a standard cost system. Last month 4,500 units of the product were made, and the labour efficiency variance
A company makes one product and uses a standard cost system. Last month 4,500 units of the product were made, and the labour efficiency variance was $8,000 favourable. The standards for direct labour are 2.5 hours per unit at $16 per hour. What was the actual number of direct labour hours worked last month?
11,750
10,750
12,500
11,050
9,750
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