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The following data relate to direct labor costs for the current period: Standard costs 7,000 hours at $11.70 Actual costs 6,200 hours at $10.00 What
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The following data relate to direct labor costs for the current period:
Standard costs 7,000 hours at $11.70 Actual costs 6,200 hours at $10.00 What is the direct labor time variance?
a.$9,360 unfavorable
b.$8,000 favorable
c.$8,000 unfavorable
d.$9,360 favorable
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