Cabot Company collected the following data regarding production of one of its products. Compute the direct labor rate variance.
A) $53,500 unfavorable.
B) $40,500 favorable.
C) $53,500 favorable.
D) $13,000 unfavorable.
E) $40,500 unfavorable.

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The Answer of Cabot Company collected the following data regarding production of one of its products. Compute the direct labor rate variance.
A) $53,500 unfavorable.
B) $40,500 favorable.
C) $53,500 favorable.
D) $13,000 unfavorable.
E) $40,500 unfavorable.

Cabot Company Collected the Following Data Regarding Production of One