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The following data are collected from Jordan Company related to its cost information. Direct material Direct labor Actual input actual prices $300,000 $135,000 Actual input-standard

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The following data are collected from Jordan Company related to its cost information. Direct material Direct labor Actual input actual prices $300,000 $135,000 Actual input-standard prices 320,000 130,000 Standard input allowed for actual output*standers prices 330,000 120,000 The flexible budget variance for labor equal

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