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Airon Company recently completed 11,300 units of its single product, consuming 34,000 labor hours that cost the firm $584,800. According to manufacturing specifications, each unit

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Airon Company recently completed 11,300 units of its single product, consuming 34,000 labor hours that cost the firm $584,800. According to manufacturing specifications, each unit should have required 3 hours of labor time at $17.60 per hour: On the basis of this information, determine Airon's labor rate variance and labor efficiency variance

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