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Determine the direct labor time variance

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Reference no: EM132775952

Consider the followings:

Actual labor hours: 6,000

Actual rate: $5/hr

Standard labor hours: 5,500

Standard rate: $5.50/hr

Problem 1: Determine the direct labor time variance

Select one:

A. $2,750 favorable

B. $4,500 favorable

C. $2,750 unfavorable

D. $3,750 unfavorable

Reference no: EM132775952

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