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pls show work thank you chose if the Total Labor Variance, Labor Price Variance, Labor Quantity Variance is either, Favorable, Unfavorable, Neither Favorable nor unfavorable
pls show work thank you
chose if the "Total Labor Variance, Labor Price Variance, Labor Quantity Variance" is either, "Favorable, Unfavorable, Neither Favorable nor unfavorable"
Mordica Company's standard labor cost per unit of output is $33.00 (3.00 hours x $11.00 per hour). During August, the company incurs 2,970 hours of direct labor at an hourly cost of $9.90 per hour in making 1,100 units of finished product. Compute the total price and quantity labor variances. (Round answers to 2 decimal places, eg. 52.75.) S Total labor variance Labor price variance $ Favorable Neither favorable nor unfavorable Unfavorable Labor quantity variance $Step by Step Solution
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