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Storkin Enterprises recently used 25,000 labor hours to produce 9,300 completed units. According to manufacturing specifications, each unit is anticipated to take 2.65 hours to

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Storkin Enterprises recently used 25,000 labor hours to produce 9,300 completed units. According to manufacturing specifications, each unit is anticipated to take 2.65 hours to complete. The company's actual payroll cost amounted to $460,000. If the standard labor cost per hour is $18,60. Storkin's labor rate variance is

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