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Direct labor variances: Yealink Company produces a product that requires 2 standard direct labor hours per unit at a standard hourly rate of $10 per
Direct labor variances:
Yealink Company produces a product that requires 2 standard direct labor hours per unit at a standard hourly rate of $10 per hour. If 7,500 units used 30,900 hours at an hourly rate of $9.90 per hour, what is the direct labor (A) rate variance, (B) time variance, and (C) cost variance?
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