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Gulf Coast Boats has direct labor cost standard of $10 per direct labor hour and an efficiency standard of 200 hours per boat. The actual

Gulf Coast Boats has direct labor cost standard of $10 per direct labor hour and an efficiency standard of 200 hours per boat. The actual results for the period when 5 boats were built were 950 direct labor hours at an actual cost of $10,450. What is the direct labor cost variance?

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