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Bulluck Corporation makes a product with the following standard costs: The company reported the following results concerning this product in July. The company applies variable

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Bulluck Corporation makes a product with the following standard costs:
The company reported the following results concerning this product in July.
The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.
The labor rate variance for July is:
Multiple Choice
$840U
$764 F (Incorrect)
$764U
$840F
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