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The standard rate of pay is $12 per direct labor hour. If the actual direct labor payroll was $23520 for 2000 direct labor hours worked,

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The standard rate of pay is $12 per direct labor hour. If the actual direct labor payroll was $23520 for 2000 direct labor hours worked, the direct labor price (rate) variance is O $1200 unfavorable O $480 unfavorable. O $480 favorable. O $1200 favorable

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