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A company uses the following standard costs to produce a single unit of output. Direct materials 5 pounds at $ 0 . 8 0 per
A company uses the following standard costs to produce a single unit of output.
Direct materials pounds at $ per pound $
Direct labor hour at $ per hour
Manufacturing overhead hour at $ per hour
During the latest month, the company purchased and used pounds of direct materials at a price of $ per pound to produce units of output. Direct labor costs for the month totaled $ based on direct labor hours worked. Variable manufacturing overhead costs incurred totaled $ and fixed manufacturing overhead incurred was $ Based on this information, the total direct labor variance for the month was:
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