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A company incurs direct labor cost of $21,100 when the standard cost is $20,300. Which of the following entries will be used to record the
A company incurs direct labor cost of $21,100 when the standard cost is $20,300. Which of the following entries will be used to record the transaction?
a)Debit to Labor Quantity Variance for $800
b)Credit to Labor Quantity Variance for $800
c)Debit to Labor Price Variance for $800
c)Credit to Labor Price Variance for $800
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