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Perry Company gathered the following actual results for the current month: Actual amounts: Units produced 5800 Direct labor cost (5340 hours) $23,496.00 Budgeted production and

Perry Company gathered the following actual results for the current month:

Actual amounts:

Units produced 5800

Direct labor cost (5340 hours) $23,496.00

Budgeted production and standard costs were:

Budgeted production 4700

Direct labor 4 hrs./unit at $8.00/hr.

What is the direct labor rate variance?

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