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A company had a $22,000 favorable direct labor efficiency variance during a time period when the standard rate per direct labor hour was $22 and the actual rate per direct labor hour was $21. If the standard direct labor hours allowed for production were 5,000 what is the amount of actual direct labor cost during this period?

a) $105,000

b) $110,000

c) $100,000

d) $84,000

e) $88,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M956291

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