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Information regarding Maxwell's direct labor cost for the month of January follows: Required: 1. Compute...

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Information regarding Maxwell's direct labor cost for the month of January follows: Required: 1. Compute the standard direct labor wage rate per hour in January. (Round your answer to 2 decimal places.) 2. Compute the direct labor efficiency variance for January. Was this variance favorable or unfavorable? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.)

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