23. Hersheys has a standard of 2 hours of labor per unit, at $18 per hour. In producing 2,000 units, Hersheys used 3,850 hours of labor at a total cost of $70,455. Hersheys labor price variance is: ($1,155 unfavorable)

24. Hersheys has a standard of 2 hours of labor per unit, at $18 per hour. In producing 2,000 units, Hersheys used 3,850 hours of labor at a total cost of $70,455. Hersheys labor quantity variance is: (Answer: $2,700 favorable)