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1. Mordica Company's standard labor cost per unit of output is $33 ( 3. hours times $ 11. per hour). During August, the company incurs
1. Mordica Company's standard labor cost per unit of output is $33 ( 3. hours times $ 11. per hour). During August, the company
incurs 2970 hours of direct labor at an hour cost of $12.10 per hour in making 1100 units of finished product.
(a) Compute the labor variance
(b). Compute the labor quantity variance.
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