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Material and Labor Variances The following actual and standard cost data for direct material and direct labor relate to the production of 2,000 units of

Material and Labor Variances The following actual and standard cost data for direct material and direct labor relate to the production of 2,000 units of a product: Determine the following variances: Do not use negative signs with any of your answers. Next to each variance answer, select either "F" for Favorable or "U" for Unfavorable

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