The following are the department labor costs for the month of March: Actual Budget Variance $$ 22,815,

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The following are the department labor costs for the month of March: Actual Budget

Variance $\$ 22,815, \$ 17,250, \$ 5,565 \mathrm{U}$

Budgeted volume $ = 1,250$

Actual volume $=1,500$

Budgeted labor hours per unit $=.60$

Actual labor hours per unit $=.65$

Budgeted pay rate $=\$ 23.00 / \mathrm{hr}$

Actual pay rate $=\$ 23.40 / \mathrm{hr}$

Calculate the price, quantity, and volume variances.

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