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The standard cost of Product 2 1 includes three hours of direct labor at $ 1 3 . 0 0 per hour. During July, the

The standard cost of Product 21 includes three hours of direct labor at $13.00 per hour. During July, the company incurred 3,925 hours of direct labor at an average rate of $13.60 per hour. It produced 1,350 units. Compute the price and quantity variances for labor.
Labor price variance
Labor quantity variance
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