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QUESTION 6 Partially correct Mark 12.00 out of 14.00 F Flag question Material and Labor Variances The following actual and standard cost data for direct

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QUESTION 6 Partially correct Mark 12.00 out of 14.00 F Flag question Material and Labor Variances The following actual and standard cost data for direct material and direct labor relate to the production of 2,000 units of a product: Actual Costs Standard Costs Direct material 7,800 lbs. $5.30 8,000 lbs. a $5.10 Direct labor 12,400 hrs. $8.40 12,000 hrs. $8.70

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