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The standard rate of pay is $20 per direct labor hour. If the actual direct labor payroll was $78400 for 4000 direct labor hours worked,

The standard rate of pay is $20 per direct labor hour. If the actual direct labor payroll was $78400 for 4000 direct labor hours worked, the direct labor price (rate) variance is

$2000 unfavorable.

$1600 favorable.

$1600 unfavorable.

$2000 favorable.

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