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Mary Company's standard labor cost per unit of output is $22.00 (2.00 hours x $11.00 per hour). During August, the company incurs 2,560 hours
Mary Company's standard labor cost per unit of output is $22.00 (2.00 hours x $11.00 per hour). During August, the company incurs 2,560 hours of direct labor at an hourly cost of $10.80 per hour in making 1,240 units of finished product. Compute the total, price, and quantity labor variances. (Round per unit values to 2 decimal places, eg. 52.75 and final answers to O decimal places, e.g. 52.) Total labor variance Labor price variance. Labor quantity variance $
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