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The Fime Corporation uses a standard costing system. The following data have been assembled for December: 6800 hours Actual direct labor- hours worked Standard direct

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The Fime Corporation uses a standard costing system. The following data have been assembled for December: 6800 hours Actual direct labor- hours worked Standard direct labor rate Labor efficiency variance 8 per hour 2800 Unfavorable The standard hours allowed (abbreviated as SH or SQ) for December's production is: 06450 hours 6800 hours 7150 hours 6100 hours

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