Compute the total-price and quantity labor variances


Response to the following problem:

Hartley Company's standard labor cost per unit of output is $22 (2 hours × $11 per hour). During August, the company incurs 2,100 hours of direct labor at an hourly cost of $10.80 per hour in making 1,000 units of finished product. Compute the total, price, and quantity labor variances.

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Cost Accounting: Compute the total-price and quantity labor variances
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