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11) The following data relate to direct labor costs for the current period: ...

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Accounting

11) The following data relate to direct labor costs for the current period:

Standard costs 7,300 hours at $11.50
Actual costs 6,200 hours at $10.70

What is the direct labor time variance?

a.$12,650 unfavorable

b.$11,770 favorable

c.$11,770 unfavorable

d.$12,650 favorable

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