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Crane has a standard of 2 hours of labor per unit, at $12 per hour....

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Accounting

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Crane has a standard of 2 hours of labor per unit, at $12 per hour. In producing 1600 units, Crane used 2700 hours of labor at a total cost of $32940. Crane's labor price variance is $540U. $6100F. $5200U. $5460F

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