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A company's standard labor cost to produce one unit of a product is 5 hours at $22 per hour. During a period, 3,500 units were

A company's standard labor cost to produce one unit of a product is 5 hours at $22 per hour. During a period, 3,500 units were produced with actual labor costs amounting to $80,000. Evaluate the labor rate variance and labor efficiency variance separately, providing recommendations for improving labor cost control and productivity levels.

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