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Accurate Tax Returns budgets two direct labor hours for every tax return that it prepares, at a standard cost of $34 an hour. During the
Accurate Tax Returns budgets two direct labor hours for every tax return that it prepares, at a standard cost of $34 an hour. During the most recent year, 520 returns were completed.The actual labor cost was $34.62 per hour during that period. The actual number of labor hours was 1,200. What are the direct labor variances (all of them)?
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