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Information on Marigold's direct labor costs for the month of August is as follows: Actual rate $6 Standard hours 11000 Actual hours 10000 Direct labor

Information on Marigold's direct labor costs for the month of August is as follows:

Actual rate$6
Standard hours11000
Actual hours10000
Direct labor price variance—unfavorable$4800


What was the standard rate for August?

$5.95

$6.05

$5.52

$6.48

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