1.Determine the spending variance using the following data:

Shoo-Shu, Inc. uses the following direct labor standard for its mattresses: 3.75 standard hours per mattress at $22.50 per hour. Last month, employees actually worked 2,100 hours for a total labor cost of $46,415 to make 550 mattresses.

Actual QuantityActual Quantity

Xx

Actual RateStandard Rate

Actual quantity:

Actual QuantityStandard Quantity

Xx

Standard PriceStandard Price

Spending variance =