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Wildhorse Company's standard labor cost of producing one unit of Product DD is 3 . 5 0 hours at the rate of $ 1 2
Wildhorse Company's standard labor cost of producing one unit of Product DD is hours at the rate of $ per hour. During August, hours of labor are incurred at a cost of $ per hour to produce units of Product DDaCompute the total labor variance.Total labor variance$bCompute the labor price and quantity variances.Labor price variance$Labor quantity variance$cCompute the labor price and quantity variances, assuming the standard is hours of direct labor at $ per hour.Labor price variance$Labor quantity variance$
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