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Hampshire Enterprises recently used 16,500 labor hours to produce 8,000 completed units. According to manufacturing specifications, each unit is anticipated to take two hours to

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Hampshire Enterprises recently used 16,500 labor hours to produce 8,000 completed units. According to manufacturing specifications, each unit is anticipated to take two hours to complete. The company's actual payroll cost amounted to $201,400. If the standard labor cost per hour is $12, Hampshire's labor rate variance is: A $2.00OF C. $3,400U. D $3.400E E. none of the above

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