Do It Review 23.3 Print by: Priscilla Vasquez-Groh 50013:ACCT102-50013 Managerial Accounting / Copy of Chapter 23 Homework *Do It! Review 23-3 The standard cost of product 5252 includes 1.90 hours of direct labor at %14.00 per hour. The predetermined overhead rate is $22.00 per direct labor hour. During July, the company incurred 4,000 hours of direct labor at an average rate of 130 per hour and 481,300 of manufacturing overhead costs. It produced 2,000 units. Compute the total, price, and quantity variances for labor Total labor variance Labor price variance Labor quantity variance Compute the total overhead variance Total overhead variance $ Question Attempts: U opyright o 2000-3017 by John Wiloy & Sons, Inc. or related companios. All rights reserved 5220