Direct Labor Variances

The following data relate to labor cost for production of 4,600 cellular telephones:

Actual: 3,080 hrs. at $15.4

Standard: 3,030 hrs. at $15.7

a. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Rate variance $

Time variance $

Total direct labor cost variance $