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Please show all required work and calculations. Pagley Company's standard labour cost of producing one unit of product DD is 3.75 hours at the rate
Please show all required work and calculations.
Pagley Company's standard labour cost of producing one unit of product DD is 3.75 hours at the rate of $12.30 per hour. During August, 41,580 hours of labour are incurred at a cost of $12.55 per hour to produce 10,800 units of product DD. Calculate the total labour variance. Total labour variance LINK TO TEXT Calculate the labour price and quantity variances. Labour price variance: $ Labour quantity variance: LINK TO TEXT Calculate the labour price and quantity variances, assuming the standard is 3.95 hours of direct labour at $12.65 per hour. Labour price variance: $ Labour quantity varianceStep by Step Solution
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