Nutella Hazelnut Spread Company produces high quality spreads for bread. They have a direct labor...
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Accounting
Nutella Hazelnut Spread Company produces high quality spreads for bread. They have a direct labor standard of 2 hours per unit of output. Nutella's employees have a standard wage rate of $22.00 per hour. During July, Nutella paid $191,000 to employees for 8,940 hours worked. 4,790 units were produced during July. What is the direct labor rate variance?
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