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Tico Inc. produces plastic bottles. Each bottle has a standard labor requirement of 0.01 hours. During...

Tico Inc. produces plastic bottles. Each bottle has a standard labor requirement of 0.01 hours. During the month of April, 530,000 bottles were produced using 15,000 labor hours @ $10.75. The standard wage rate is $8.75 per hour.

Required:

Calculate the total variance for production labor for the month of April. Enter amounts as positive numbers. If required, round your answer to the nearest cent.
$ __________________________

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