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Blossom Company's standard labour cost of producing one unit of product DD is 4 hours...

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Accounting

Blossom Company's standard labour cost of producing one unit of product DD is 4 hours at the rate of $13.60 per hour. During August, 50,020 hours of labour are incurred at a cost of $13.95 per hour to produce 12,200 units of product DD.
(b)
Calculate the labour price and quantity variances.
Labour price variance:
Labour quantity variance:
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