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If the actual labor rate exceeds the standard labor rate and the actual labor hours exceed the number of hours allowed, the labor rate variance

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If the actual labor rate exceeds the standard labor rate and the actual labor hours exceed the number of hours allowed, the labor rate variance and labor efficiency variance will be Labor rate variance - favorable & Labor efficiency variance - favorable Labor rate variance - favorable & Labor efficiency variance - unfavorable Labor rate variance - unfavorable & Labor efficiency variance - favorable Labor rate variance - unfavorable & Labor efficiency variance - unfavorable

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