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Business, 11.05.2021 20:20 Hudman57

Street Company makes a product that is expected to require 2 hours of labor per unit of product. The standard cost of labor is $6.00. Street Company actually used 2.1 hours of labor per unit of product. The actual cost of labor was $6.25 per hour. Street Company made 1,100 units of product during the period. Based on this information alone, the labor usage variance is: A. $600 favorable. B. $660 unfavorable. C. $190 favorable. D. $660 favorable.

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Street Company makes a product that is expected to require 2 hours of labor per unit of product. The...
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