Question: Current Attempt in Progress Concord Company's standard labor cost per unit of output is $30.00 (2.50 hours x $12 per hour). During August, the company

 Current Attempt in Progress Concord Company's standard labor cost per unit

Current Attempt in Progress Concord Company's standard labor cost per unit of output is $30.00 (2.50 hours x $12 per hour). During August, the company incurs 2.925 hours of direct labor at an hourly cost of $10.80 per hour in making 1.300 units of finished product. Compute the total, price and quantity labor variances. (Round answers to 2 decimal places, es, 5275) Total labor variance $ Labor price variance $ Labor quantity variance $

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