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Determine actual hours worked, actual purchase prices
Standard direct-labor rate $14.00Actual direct-labor rate $12.20Standard direct-labor hours 12,000Direct-labor quantity varianceâ?"unfavorable $9,800Standard unit price of materials $4.50Actual quantity purchased and used 1,800Standard quantity allowed for actual production 1,650Materials purchase price varianceâ?"favorable $198
1. Evaluate the actual hours worked rounded to the nearest hour.2. Find the actual purchase price per unit of materials, rounded to the nearest penny.
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