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The following direct labor data pertain to the operations of Novak Corp. for the month of November: Actual labor rate $12.25 per hr. Actual hours

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The following direct labor data pertain to the operations of Novak Corp. for the month of November: Actual labor rate $12.25 per hr. Actual hours used 19,320 Standard labor rate $12.00 per hr. Standard hours allowed 18,200 Calculate the labor variances. Identify whether each variance is favorable or unfavorable. Labor Price Variance Labor Quantity Variance Total Labor Variance

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