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Shimano company makes a product that is expected to require 2 hours of labor per unit of product. the standard cost of labor is $5.60. shimano actually used 1.90 hours of labor per unit of product. the actual cost of labor was $5.50 per hour. shimano made 1,400 units of product during the period. based on this information alone, the labor price variance is: multiple choice $784 unfavorable. $266 favorable. $784 favorable. $266 unfavorable. next visit question mapquestion 11 of 53 total 11 of 53
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Shimano company makes a product that is expected to require 2 hours of labor per unit of product. th...
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