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Madrid Co. has a direct labor standard of 4 hours per unit of output. Each employee has a standard wage rate of $12 per hour.

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Madrid Co. has a direct labor standard of 4 hours per unit of output. Each employee has a standard wage rate of $12 per hour. During February, Madrid Co. paid $100,000 to employees for 9,150 hours worked. 2.410 units were produced during February. What is the flexible budget amount for direct labor? Multiple Choice $28.920 $109,800 $100,000 $115.680

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