Sweatshop has the following details of direct labour used to make tracksuits for July. (a) Standard: 550
Question:
Sweatshop has the following details of direct labour used to make tracksuits for July.
(a) Standard: 550 sweatshirts at 2 hours at £5.50 per hour.
(b) Actual production: 500 sweatshirts at 1,050 hours for £5,880.
Required:
Calculate the:
(i) overall direct labour cost variance
(ii) direct labour price variance
(iii) direct labour quantity variance.
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