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Paradise Corp. has determined a standard labor cost per unit of $32 (0.50 hour ...

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Accounting

Paradise Corp. has determined a standard labor cost per unit of $32 (0.50 hour $64 per hour). Last month, Paradise incurred 990 direct labor hours for which it paid $28,215. The company produced and sold 2,950 units during the month. Calculate the direct labor rate, efficiency, and spending variances.

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