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Bramble Companys standard labor cost per unit of output is $24.64 (2.20 hours x $11.20 per hour). During August, the company incurs 2,233 hours of
Bramble Companys standard labor cost per unit of output is $24.64 (2.20 hours x $11.20 per hour). During August, the company incurs 2,233 hours of direct labor at an hourly cost of $11.59 per hour in making 1,000 units of finished product. Compute the total, price, and quantity labor variances. (Round answers to 2 decimal places, e.g. 52.75.)
Total labor variance | $enter a dollar amount rounded to 2 decimal places | select an option Neither favorable nor unfavorableUnfavorableFavorable | ||
---|---|---|---|---|
Labor price variance | $enter a dollar amount rounded to 2 decimal places | select an option Neither favorable nor unfavorableUnfavorableFavorable | ||
Labor quantity variance | $enter a dollar amount rounded to 2 decimal places | select an option Neither favorable nor unfavorableFavorableUnfavorable |
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