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Northeast Regional Hospital obtains the following standard and actual data regarding its Admissions Department: Standard time to complete an admissions record: 24 minutes Standard labor
Northeast Regional Hospital obtains the following standard and actual data regarding its Admissions Department: Standard time to complete an admissions record: 24 minutes Standard labor cost of admissions staff: $20 per hour Actual number of admissions completed: 1,160 admissions Actual number of hours worked: 436 hours Actual total labor costs incurred:
$8,970 Compute the total labor variance.
$310 Unfavorable
$250 Unfavorable
$310 Favorable
$250 Favorable
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