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The following direct labor data pertain to the operations of Murray Industries for the month of November: Standard labor rate $10.00 per hr. Actual hours

The following direct labor data pertain to the operations of Murray Industries for the month of November:

Standard labor rate

$10.00 per hr.

Actual hours incurred

12,000

The standard cost card shows that 2.5 hours are required to complete one unit of product. The actual labor rate incurred exceeded the standard rate by 10%. Five thousand units were manufactured in November.

Instructions

(a)

Calculate the labor quantity variances.

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