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Lewis Company's standard labor cost of producing one unit of Product DD is 3.4 hours at the rate of $13.8 per hour. During August, 43,700
Lewis Company's standard labor cost of producing one unit of Product DD is 3.4 hours at the rate of $13.8 per hour. During August, 43,700 hours of labor are incurred at a cost of $14.00 per hour to produce 12,600 units of Product DD Compute the total labor variance Total labor variance Compute the labor price and quantity variances Labor price variance Labor quantity varilance s Compute the labor price and quantity variances, assuming the standard is 3.8 hours of direct labor at $14.20 per hour. Labor price variance Labor quantity variance s
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