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use the following info. to calculate the direct labor rate and efficiency variances and indicate whether they are favorable or unfavorable. actual costs and qty's

use the following info. to calculate the direct labor rate and efficiency variances and indicate whether they are favorable or unfavorable. actual costs and qty's Direct labor cost incurred 150k Direct labor hrs used 12,000 hrs Std costs and qty's Direct labor rate per hour $14.00 Hours to produce one unit 0.6 hours Rate Variance________ F/U Efficiency Variance$_________F/U

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