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Waterway Industriesmanufactures a product with a standard direct labor cost of two hours at $18 per hour. During July, 2800 units were produced using 5900

Waterway Industriesmanufactures a product with a standard direct labor cost of two hours at $18 per hour. During July, 2800 units were produced using 5900 hours at $18.30 per hour. The labor price variance was

$5400 U.

$1770 U.

$7170 U.

$7170 F.

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