5. Elliott Corporation makes and sells a single product. Last period the company's labor rate...
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5. Elliott Corporation makes and sells a single product. Last period the company's labor rate variance was $14,400F. During the period, the company worked 36,000 actual direct laborhours at an actual cost of $338,400. The standard labor rate for the product in dollars per hour is: A) $9.40 B) $9.00 C) $9.80 D) $8.10
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