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labor rate variance The following labor standards have been established for a particular product Standard labor rate $16.15 per hour The following data pertain to

labor rate variance
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The following labor standards have been established for a particular product Standard labor rate $16.15 per hour The following data pertain to operations concerning the product for the last month Actual total labor cost $103,635 Actual output 2,000 units What is the labor rate variance for the month

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