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Venneman Company produces a product that requires 4 standard hours per unit at a standard hourly rate of $13.00 per hour. If 5,200 units required
Venneman Company produces a product that requires 4 standard hours per unit at a standard hourly rate of $13.00 per hour. If 5,200 units required 21,200 hours at an hourly rate of $12.35 per hour, what is the direct labor rate variance, time variance, and total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Direct labor rate variance $fill in the blank 1 Direct labor time variance $fill in the blank 3 Total direct labor cost variance
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