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Use the following data to find the the direct labor rate variance if the company produces 3,500 units: Direct labor standard (4 hrs. @ $7/hr.)

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Use the following data to find the the direct labor rate variance if the company produces 3,500 units: Direct labor standard (4 hrs. @ $7/hr.) Actual hours worked Actual rate per hour $28 per unit 12,250 $7.50 $6,125 unfavorable. $7,000 favorable. O $7,000 unfavorable. $6,125 favorable

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