Use the following information to calculate the labour rate kmance for Adkinson Company. Actuai hours...

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Use the following information to calculate the labour rate kmance for Adkinson Company. Actuai hours used 5,500 Standard hours allowed 5,800 Actual labour rate $14.75 per hour Standard labour rate $14.00 per hour $4,350 Unfavourable $4,200 Favourable $4,125 Unfavourable Correct Answer $4,125 Unfavourable

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