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The Reedy Company uses a standard costing system. The following data are available for November: Actual direct labor-hours worked ...... Standard direct labor rate...... Labor
The Reedy Company uses a standard costing system. The following data are available for November: Actual direct labor-hours worked ...... Standard direct labor rate...... Labor rate variance........ 5,800 hours S9 per hour S1,160 favorable The actual direct labor rate for November is: $9.20 O $9.00 $8.90 $8.80
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