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Blue Company produces picture frames. During the year, 250,000 picture frameswere produced. Materials and labor standards for producing the picture framesare as follows: Direct materials
Blue Company produces picture frames. During the year, 250,000 picture frameswere produced. Materials and labor standards for producing the picture framesare as follows:
Direct materials (2 pieces of wood @ $3)
$6.00
Direct labor (2 hours @ $14.50)
$29.00
Blue purchased and used 600,000 pieces of wood at $2.5 each, and its actuallabor hours were 400,000 hours at a wage rate of $15.00.
What is Blue's total labor variance?
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