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Sheridan has a standard of 2 hours of labor per unit, at $15 per hour. In producing 1600 units, Sheridan used 3050 hours of
Sheridan has a standard of 2 hours of labor per unit, at $15 per hour. In producing 1600 units, Sheridan used 3050 hours of labor at a total cost of $46665. Sheridan's labor price variance is $2295 F. O $1335 F. $915 U. $1450 U.
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