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What is the direct labor rate variance

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Question - The following data relate to direct labor costs for the current period:

Standard costs 7,300 hours at $11.40

Actual costs 6,200 hours at $10.50

What is the direct labor rate variance?

a. $18,120 unfavorable

b. $5,580 favorable

c. $18,120 favorable

d. $12,520 favorable

Reference no: EM132503681

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