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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 $15 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 $15 per hour. During February, Madrid Co. paid $100,300 to employees for 9,160 hours worked. 2,420 units were produced during February. What is the flexible budget amount for direct labor? Multiple Choice $100,300 $145,200 $137,400 $36,300

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