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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

The actual direct labor rate for November is:

a. $8.80.

b. $8.90.

c. $9.00

d. $9.20.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9403840

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