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Current Attempt in Progress Information on Swifty's direct labor costs for the month of August is as follows: Actual rate Standard hours Actual hours

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Current Attempt in Progress Information on Swifty's direct labor costs for the month of August is as follows: Actual rate Standard hours Actual hours $8 11000 10000 Direct labor price variance-unfavorable $2400 What was the standard rate for August? O $7.76 O $8.24 O $7.98 13

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