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The Reedy Company uses a standard costing system. The following data are available for November: Actual direct labor-hours worked .........$5,800 hoursStandard direct labor rate .............$9 per hourLabor rate variance .............. $1,160 favorable
The actual direct labor rate for November is:
A. $8.80B. $8.90C. $9.00D. $9.20
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