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The Reedy Company uses a standard costing system. The following data are available for November: Actual direct labor-hours worked . 5,800 hours Standard direct labor
The Reedy Company uses a standard costing system. The following data are available for November:
Actual direct labor-hours worked . 5,800 hours
Standard direct labor rate .. $9 per hour
Labor rate variance .. $1,160 favorable
Calculate the actual direct labor rate for November.
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