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giovanni company produces a product that requires five standard hours per unit at a standard hourly rate of $30 per hour.. if $3,500 unit required

giovanni company produces a product that requires five standard hours per unit at a standard hourly rate of $30 per hour.. if $3,500 unit required 17,700 hours at an hourly rate of $30.50 per hour. what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance?

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