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Talbot Companys standard labour cost per unit of output is $22.60 (2 hours $11.30 per hour). During August, the company incurs 2,550 hours of direct
Talbot Companys standard labour cost per unit of output is $22.60 (2 hours $11.30 per hour). During August, the company incurs 2,550 hours of direct labour at an hourly cost of $11.10 per hour in making 1,200 units of finished product. Calculate the price labour variances.
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