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Bananas, Inc., expected to produce and sell 100,000 crates. Production of one crate required 0.5 hours of direct labor. The planned labor rate was $15.50

Bananas, Inc., expected to produce and sell 100,000 crates. Production of one crate required 0.5 hours of direct labor. The planned labor rate was $15.50 per labor hour. Actual sales and production amounted to 95,000 crates and they paid an average of $15.00 per hour. What was the flexible budget amount for direct labor cost?

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