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Talbot Company's standard labour cost per unit of output is $20.00 (2 hours * $10.00 per hour). During August, the company incurs 2,100 hours of
Talbot Company's standard labour cost per unit of output is $20.00 (2 hours * $10.00 per hour). During August, the company incurs 2,100 hours of direct labour at an hourly cost of $9.80 per hour in making 1,000 units of finished product. Calculate the total, price, and quantity labour variances. $ Total labour variance $ Labour price variance $ $ > Labour quantity variance
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