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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

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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 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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