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Direct Labor Rate Variance = (Actual Rate per Hour Standard Rate per Hour) x Standard Hours Group of answer choices True False 2. The company

  1. Direct Labor Rate Variance = (Actual Rate per Hour Standard Rate per Hour) x Standard Hours

Group of answer choices

True

False

2. The company projected sales of 240,000 books for the year. The estimated inventory on January 1st is 19,900 books and the company desired a December 31 inventory of 18,800 books. What is the budgeted production of books for the year?

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