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Tech Inc. produces small sensor boxes. In October, Tech's total labour hours were 2,000 hours, and total labour costs were $40,000. The companys standards per

Tech Inc. produces small sensor boxes.

In October, Tech's total labour hours were 2,000 hours, and total labour costs were $40,000.

The companys standards per box require 6 boards, each costing $10 per board, and an hour of direct labour.

The standard labour rate is $21 per hour.

What is the dollar amount for the favourable labour price variance?

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