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Prepare a variance analysis for Direct Labor. Standards: Each unit requires 2 hours of direct labor. The standard labor cost per hour is $30. Actual

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Prepare a variance analysis for Direct Labor. Standards: Each unit requires 2 hours of direct labor. The standard labor cost per hour is $30. Actual results: 2,000 units were produced Labor hours =3,800 hours. The total direct labor cost =$121,600 The total variance is

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