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Help with explaining how to get the results please. Annapolis Company completes job #601 which has a standard of 650 labor hours at a standard

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Annapolis Company completes job #601 which has a standard of 650 labor hours at a standard rate of $18.80 per hour. The job was completed in 540 hours and the average actual labor rate was $18.40 per hour. What is the labor rate variance? A negative number indicates an favorable variance and a positive number indicates an unfavorable variance. Your

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