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please answer (a), (b), & (c) Question 3 of 5 -720 TIT Lewis Company's standard labor cost of producing one unit of Product DD is
please answer (a), (b), & (c)
Question 3 of 5 -720 TIT Lewis Company's standard labor cost of producing one unit of Product DD is 3.60 hours at the rate of $14.00 per hour. During August 43,900 hours of labor are incurred at a cost of $14.20 per hour to produce 12.100 units of Product DD. (a) Compute the total labor variance Total labor variance (b) Compute the labor price and quantity variances Labor price variance 5 Labor quantity variance 5 Id Compute the price and quantity variances, assuming the standard is 400 hours of direct laborat 514 40 per hour Labor priceVariance $ Labor quantityvacice $ Step by Step Solution
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