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PLEASE HELP Question 11 In the direct labor variance matrix, there are three factors: (1) Actual hours x Actual rate, (2) Actual hours x Standard

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Question 11 In the direct labor variance matrix, there are three factors: (1) Actual hours x Actual rate, (2) Actual hours x Standard rate, and (3) Standard hours x Standard rate Using the numbers, indicate the formulas for each of the direct labor variances. Total labor variance Labor price variance Labor quantity variance 2

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