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at kokomo, the standard quantity of labor is 21 hours per refrigerator unit. the standard wage rate is $33. In july, the company produced 82

at kokomo, the standard quantity of labor is 21 hours per refrigerator unit. the standard wage rate is $33. In july, the company produced 82 refridegrators units and incurred 2,050 labor hours at a cost of $63,550. Calculate the labor variance and the labor efficiency variance . Indicate wether the variance if favorable or unfavorable ChatGPT

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