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Aaron Company recently completed 1 0 , 9 0 0 units of its single product, consuming 3 3 , 0 0 0 labor hours that
Aaron Company recently completed units of its single product, consuming labor hours that cost the firm $ According to manufacturing specifications, each unit should have required hours of labor time at $ per hour. Determine Aarons labor rate variance and labor efficiency variance.
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A labor rate variance of $ favorable; a labor efficiency variance of $ favorable.
A labor rate variance of $ favorable; a labor efficiency variance of $ unfavorable.
A labor rate variance of $ favorable; a labor efficiency variance of $ favorable.
A labor rate variance of $ favorable; a labor efficiency variance of $ unfavorable.
A labor rate variance of $ unfavorable; a labor efficiency variance of $ unfavorable.
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