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The standard labour price is $10 per hour. The standard labour hours required per unit are 3. Last month 400 units were produced and 1,500

The standard labour price is $10 per hour. The standard labour hours required per unit are 3. Last month 400 units were produced and 1,500 hours were used. Actual labour cost was $15,750. What are the direct labour price and efficiency variances?

DL price variance: 750 U

DL efficiency variance: 3000 U

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