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View previous attem A manufacturing company is expected to complete a task in 30 minutes. During a recent accounting period 3700 completed units were produced, resulting in the following labor variances Labor rate variance $2.340 favorable Labor efficiency variance $1,500 unfavorable The standard labot rate is S15 per hour Required: 1. Calculate the standard hours allowed for the work performed 2 Calculate the actual hours worked 3. Calculate the actual wage rate (Round your answer to 2 decimal places.) N 1850 1. Standard hours allowed 2 Actual hours worked 3 Actual wage rate