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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 $18 per hour.
Madrid Co. has a direct labor standard of 4 hours per unit of output. Each employee has a standard wage rate of $18 per hour. During February, Madrid Co. paid $99,800 to employees for 9,220 hours worked. 2,460 units were produced during February. What is the flexible budget amount for direct labor? Multiple Choice $99,800 $165,960 $177,120 $44,280
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