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The Turbo Company uses a standard cost accounting system. The standard labor cost for one unit is 2.5 hours at $9.00 per hour. During the
The Turbo Company uses a standard cost accounting system. The standard labor cost for one unit is 2.5 hours at $9.00 per hour. During the month, the company produced 184 units, using 500 hours at a total cost of $4,450. The labor rate variance is:
A. $46 (unfavorable).
B. $46 (favorable).
C. $0
D. $50 (favorable).
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