Question: CC Corp. makes a product called LR . The standard time allowed for each unit of LR is 1 . 2 hours. The standard labor

CC Corp. makes a product called LR. The standard time allowed for each unit of LR is 1.2 hours. The standard labor rate per hour is $8. During the current period, CC made 8,000 units of LR, incurring 9,500hours of labor at a total cost of $77,000. What is the flexible-budget labor variance for the current period?

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