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Koko company produces lamps that require 2.25 standard hours per unit at an hourly rate of $15 per hour. If 7,700 units required 19,250 hours
Koko company produces lamps that require 2.25 standard hours per unit at an hourly rate of $15 per hour. If 7,700 units required 19,250 hours an an hourly rate of $14.90 per hour, what is the direct labor:
A) rate variance B) time variance C) total labor cost variance
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