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Paradise Corporation has determined a standard labor cost per unit of $25 (0.50 hours i $50 per houn). Last month. Paradise incurred 976 direct labor
Paradise Corporation has determined a standard labor cost per unit of $25 (0.50 hours i $50 per houn). Last month. Paradise incurred 976 direct labor hours, for which it paid $26,108. The company produced and sold 2,600 units during the month Required: Ceiculote the direct iabor rate, efficiency, and spending variances Note: Indicate the effect of each variance by selecting "F" for favorable, "Y" for unfavorable, and Wone" foe no etfect (I.e., zero variance). Round your intermediate calculations to 2 decimal places
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