Kimiko Company's standard labor cost per unit of output is $ 1 8 (2 hours X ($9.00)

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Kimiko Company's standard labor cost per unit of output is $ 1 8 (2 hours X \($9.00\) per hour). During August, the company incurs 1,850 hours of direct labor at an hourly cost of \($9.60\) per hour in making 1 ,000 units of finished product. Compute the total, price, and quantity labor variances.

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Managerial Accounting Tools For Business Decision Making

ISBN: 9780471413653

2nd Canadian Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly

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