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The following data relate to direct labor costs for February: Actual costs 7,700 hours at $14 Standard costs 7,000 hours at $15 What is the
The following data relate to direct labor costs for February:
| Actual costs | 7,700 hours at $14 |
| Standard costs | 7,000 hours at $15 |
What is the direct labor rate variance?
Group of answer choices
$7,700 favorable
$7,000 favorable
$7,700 unfavorable
$7,000 unfavorable
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