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The reedy company uses a standard costing system

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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 hours
Standard direct labor rate .............$9 per hour
Labor rate variance .............. $1,160 favorable

The actual direct labor rate for November is: 

A. $8.80
B. $8.90
C. $9.00
D. $9.20 

Reference no: EM13973949

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