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5 pts Question 24 Moor Technologies manufactures boat anchors and uses a standard cost accounting system. Moor reports the following results for the month of July: Actual number of anchors produced 1,220 anchors Actual total direct labor hours 850 hours Actual total direct labor costs $14,875 Direct labor efficiency variance $695 unfavorable Direct labor spending variance $410 favorable What is the standard direct labor rate per hour? $18.80 per hour $18.10 per hour O $17.75 per hour $16.20 per hour None of the above