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Lily Company's standard labor cost per unit of output is $ 2 4 . 2 0 ( 2 . 2 0 hours $ 1 1
Lily Company's standard labor cost per unit of output is $ hours $ per hour During August, the company incurs hours of direct labor at an hourly cost of $ per hour in making units of finished product.
Compute the total, price, and quantity labor variances. Round answers to decimal places, eg
Total labor variance
$
Labor price variance
$
Labor quantity variance
$
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