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The following labor standards have been established for a particular product: Standard labor hours per unit of output 4.8 hours Standard labor rate $20.60 per

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The following labor standards have been established for a particular product: Standard labor hours per unit of output 4.8 hours Standard labor rate $20.60 per hour The following data pertain to operations concerning the product for the last month: Required: a. What is the labor rate variance for the month? b. What is the labor efficiency variance for the month

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