Question
Beta Enterprise developed standard costs for direct material and direct labour. In 2021, Beta estimated the following standard costs for one of their major products.
Beta Enterprise developed standard costs for direct material and direct labour. In 2021, Beta estimated the following standard costs for one of their major products.
Budgeted quantity Budgeted price
Direct materials 0.67 pounds $70 per pound
Direct labour 0.18 hours $30.19 per hour
During the month of April, Beta produced and sold 23439 units of a product, using 22474 pounds of direct materials at an average cost per pound of $80 and 10062 direct manufacturing labour-hours at an average wage of $32.88 per hour.
The direct manufacturing labour rate variance during April is $________. (If the variance is unfavourable, present your answer as a negative (e.g., -100), if it is a favourable variance, present as it is (e.g., 100)). (Round your final answer to the nearest dollar.)
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