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Talbot Company's standard labour cost per unit of output is $25.00 (2 hours x $12.50 per hour). During August, the company incurs 3,140 hours of
Talbot Company's standard labour cost per unit of output is $25.00 (2 hours x $12.50 per hour). During August, the company incurs 3,140 hours of direct labour at an hourly cost of $12.30 per hour in making 1,500 units of finished product. Calculate the total, price, and quantity labour variances. $ Total labour variance $ Labour price variance Labour quantity variance Neither favourable nor unfavourable Favourable +A $ Unfavourable
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