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. $8.80B. $8.90C. $9.00D. $9.20
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