The following information is available for a manufacturer. Compute the (a) rate variance and (b) efficiency variance,

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The following information is available for a manufacturer. Compute the 

(a) rate variance and 

(b) efficiency variance, and label each as favorable \((F)\) or unfavorable \((U)\).

Standard direct labor hours per unit... Standard direct labor rate per hour.... 2 hours $13.00 Actual direct

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