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8 Assume the following information (the quantity of materials purchased = the quantity used): Actual total cost of direct materials $ 65,560 Direct materials price

8

Assume the following information (the quantity of materials purchased = the quantity used):

Actual total cost of direct materials $ 65,560
Direct materials price variance $ 5,960 U
Standard quantity of materials allowed per unit 3 lbs.
Standard price per pound of material $ 4.00
Standard rate per direct labor hour $ 5.00
Actual total direct labor hours 6,500
Direct labor efficiency variance $ 3,500 F
Standard number of direct labor hours allowed per unit 2 hours
Direct labor spending variance $ 400 U

What is the total actual labor cost?

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