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In: Accounting

The following data relate to direct labor costs for the current period: Standard costs 7,500 hours...

The following data relate to direct labor costs for the current period:

Standard costs 7,500 hours at $11.40
Actual costs 6,400 hours at $10.40

What is the direct labor time variance?

a.$12,540 unfavorable

b.$11,440 favorable

c.$11,440 unfavorable

d.$12,540 favorable

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