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Standard and actual costs for direct labor for the manufacture of 1,000 units of product were as follows: Actual costs 960 hours @ $36.00 Standard

Standard and actual costs for direct labor for the manufacture of 1,000 units of product were as follows:

Actual costs

960 hours @ $36.00

Standard costs

970 hours @ $35.50

Determine the (a) time variance, (b) rate variance, and (c) total direct labor cost variance. Show all work to receive full credit

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