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Fletcher Company collected the following data regarding production of one of its products. Compute the total direct labor cost variance. Direct labor standard (2 hrs.

Fletcher Company collected the following data regarding production of one of its products. Compute the total direct labor cost variance.

Direct labor standard (2 hrs. @ $12.75/hr.) $ 25.50 per finished unit
Actual direct labor hours 73,000 hrs.
Actual finished units produced 36,000 units
Actual cost of direct labor $ 998,050

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