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Barber Company produces 2,500 units. Each unit was expected to require 2 labor hours at...

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Accounting

Barber Company produces 2,500 units. Each unit was expected to require 2 labor hours at a cost of $10 per hour. Total labor cost was $52,250 for 4,750 hours worked. Direct labor is measured in labor hours. What is the direct labor price variance? $4,750 Favorable $2,500 Unfavorable $2,500 Favorable $4,750 Unfavorable

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