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What is the labor rate variance for annapolis company

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Reference no: EM132660166

Problem 1: Annapolis Company completes job #601 which has a standard of 520 labor hours at a standard rate of $18.50 per hour. The job was completed in 610 hours and the average actual labor rate was $18.50 per hour. What is the labor rate variance?

Reference no: EM132660166

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