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Annapolis Company completes job #601 which has a standard of 560 labor hours at a standard rate of $18.35 per hour. The job was completed

Annapolis Company completes job #601 which has a standard of 560 labor hours at a standard rate of $18.35 per hour. The job was completed in 640 hours and the average actual labor rate was $18.10 per hour. What is the amount of the labor rate variance and is the variance favorable (F) or unfavorable (U)?

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