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Hassock Corporation produces woven wall hangings. It takes 2 hours of direct labor to produce a single wall hanging. Hassock's standard labor cost is $

Hassock Corporation produces woven wall hangings. It takes 2 hours of direct labor to produce a single wall hanging. Hassock's standard labor cost is $17 per hour. During August, Hassock produced 14,000 units and used 28,160 hours of direct labor at a total cost of $476,020. What is Hassock's labor rate variance for August?

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