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Cixavron Philip produced 10,000 units of Product ABC last month. The related standard inputs are shared - Standard hours =150 hours per unit - Standard

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Cixavron Philip produced 10,000 units of Product ABC last month. The related standard inputs are shared - Standard hours =150 hours per unit - Standard rate ir $12.00 por hour - Actual hours i 105 hours par unit - Actiaal rato = $11.50 per hoor Show your calculations for credit and calculate the following: a. Jotal labor variance and indicato whether it is favorable or untaworable b. Labor price vimance and indicate whethor it is lavorabile of unfavorible. c. tabor usage variance and indicite whether it is tavorable or unfovorable a. Provide a bref explination for the varieices yourve calculated Include what the varance means and a posstile caune of the vanance. For the toolbar, peess ALT T F 10 (PC) or ALT+FN+F10 (MaC)

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