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Bailey's standard labor cost of producing one unit of Product DD is 1.8 hours at a rate of $11.3 per hour. During August, 2,697 hours
Bailey's standard labor cost of producing one unit of Product DD is 1.8 hours at a rate of $11.3 per hour. During August, 2,697 hours were incurred at a cost of $12.7 per hour to produce 1,471 units of Product DD. Bailey's direct labor spending variance is $ Bailey's direct labor efficiency variance is $
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