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A company is a mattress manufacturer. The company has a standard direct labor rate of $25 per hour, 75 direct labor employees, and 50 indirect labor employees. Last week, the direct labor payroll was $90,000 for 3,000 hours worked. The company manufactured 1,000 mattresses. The standard cost sheet allows for 2.5 hours of labor per mattress. The direct labor rate variance is
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A company is a mattress manufacturer. The company has a standard direct labor rate of $25 per hour,...
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