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Caterpillar reviews labor costs with direct labor $4,500,000, indirect labor $1,800,000, total labor hours 90,000. Requirements: Calculate the direct labor rate. Calculate the indirect labor

  1. Caterpillar reviews labor costs with direct labor $4,500,000, indirect labor $1,800,000, total labor hours 90,000.
    • Requirements:
      • Calculate the direct labor rate.
      • Calculate the indirect labor rate.
      • Prepare a labor cost analysis report.
      • Recommend strategies to manage labor costs.

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