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For the month of April, Thorp Co.'s records disclosed the following data relating to direct labour: Actual cost $10,000 Rate variance $1,000 favourable Efficiency variance
For the month of April, Thorp Co.'s records disclosed the following data relating to direct labour:
Actual cost $10,000
Rate variance $1,000 favourable
Efficiency variance $1,500 unfavourable
For the month of April, actual direct labour hours amounted to 2,000. In April, what was Thorp's standard direct labour rate per hour?
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