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Question 9 5 pts Anemone Company produces picture frames. During the year, 200,000 picture frames were produced. Materials and labor standards for producing the picture
Question 9 5 pts Anemone 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 @ $3.27) Direct labor (2 hours @ $12) Anemone purchased and used 600,000 pieces of wood at $4.00 each, and its actual labor hours were 305,644 hours at a wage rate of $14.91. What is Anemone's labor rate variance? Report your result as a positive number
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