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The following information describes a company's usage of direct labor in a recent period: Actual...

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Accounting

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The following information describes a company's usage of direct labor in a recent period: Actual hours used 45,000 Actual rate per hour $ 15 Standard rate per hour $14 Standard hours for units produced 47,000 Calculate the labor cost variance $45,000U $17,000U $28,000F $45,000F

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