:lliott Corporation makes and sells a single product. Last period the company's labor rate variance...
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:lliott Corporation makes and sells a single product. Last period the company's labor rate variance was $14,400 U. During the period, the company vorked 36,000 actual direct labor-hours at an actual cost of $338,400. The standard labor rate for the product in dollars per hour is: Multiple Choice $9.40 $9.00 $8.50 $8.10
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