Talbot Company's standard labour cost per unit of output is $22 (2 hours $11.00 per hour).
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Talbot Company's standard labour cost per unit of output is $22 (2 hours × $11.00 per hour). During August, the company incurs 2,100 hours of direct labour at an hourly cost of $10.80 per hour in making 1,000 units of finished product. Calculate the total, price, and quantity labour variances.
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Total labour variance 680 U 2100 ...View the full answer
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Managerial Accounting Tools for Business Decision Making
ISBN: 978-1118856994
4th Canadian edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
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