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From the following information of Orient Manufacturing Co. Ltd., determine (a) the Labour Cost Variance, (b) Labour Efficiency Variance and (c) Labour Rate Variance :

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From the following information of Orient Manufacturing Co. Ltd., determine (a) the Labour Cost Variance, (b) Labour Efficiency Variance and (c) Labour Rate Variance : (i) Standard Labour Cost per unit of production is 15. (ii) Time allotted per unit is 30 hours. (iii) During the month of March 1996, 3000 units are produced in 75,000 hours. (iv) Actual payment of wages for the month is 45,000

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