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Question 10 5 pts Blue Company produces picture frames. During the year, 200,000 picture frames were produced. Materials and labor standards for producing the picture
Question 10 5 pts Blue Company produces picture frames. During the year, 200,000 picture frames were produced. Materials and labor standards for producing the picture frames are as follows: Direct materials (2 pieces of wood @ $3) Direct labor (2 hours @ $14.29) Blue purchased and used 600,000 pieces of wood at $2.5 each, and its actual labor hours were 400,339 hours at a wage rate of $15.1. What is Blue's total labor variance? Report your result as a positive number
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