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Direct labor standards at Marvel Manufacturing Company allow 5 direct labor-hours for every unit produced. The standard direct labor rate is $12.00 per hour. During
Direct labor standards at Marvel Manufacturing Company allow 5 direct labor-hours for every unit produced. The standard direct labor rate is $12.00 per hour. During the month of February, Marvel incurred 35,000 direct labor-hours and recorded a $15,000 favorable labor efficiency variance.
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How many units did Marvel produce during February? (Hint: use formulas from pages 483-489 of the Noreen text).
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