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Kokko Company makes a product that is expected to require 3 hours of labor per unit of product. The standard cost of labor is $8.3.
Kokko Company makes a product that is expected to require 3 hours of labor per unit of product. The standard cost of labor is $8.3. Kokko actually used 3.1 hours of labor per unit of product. The actual cost of labor was $8.55 per hour. Kokko made 1,600 units of product during the period. Based on this information alone, the labor usage variance is
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