The Reedy Company uses a standard costing system. The following data are available for November: Actual direct

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The Reedy Company uses a standard costing system. The following data are available for November: Actual direct labor-hours worked .........5,800 hours

Standard direct labor rate ............. $9 per hour

Labor rate variance .............. $1,160 favorable

The actual direct labor rate for November is:  A. $8.80 B. $8.90 C. $9.00 D. $9.20


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Cost Accounting

ISBN: 978-0759338098

14th edition

Authors: William K. Carter

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