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Standard and actual costs for direct labor for the manufacture of 1,500 units of product were as follows: Actual costs 450 hours @ $17.00 Standard

Standard and actual costs for direct labor for the manufacture of 1,500 units of product were as follows:

Actual costs 450 hours @ $17.00 Standard costs 455 hours @ $16.50

Determine the (a) time variance, (b) rate variance, and (c) total direct labor cost variance. Round your answers to two decimal places.

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