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The following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.4 hours Standard labor rate $16.20 per hour
The following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.4 hours Standard labor rate $16.20 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 11,500 hours Actual total labor cost $183,195 Actual output 1,900 units What is the labor rate variance for the month?
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