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Shia Company makes a product that is expected to require 5 hours of tabor per unit of product. The standard cost of laboris $5 20.

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Shia Company makes a product that is expected to require 5 hours of tabor per unit of product. The standard cost of laboris $5 20. Shia actually used 510 hours of labor per unit of product . The actual cost of labor was $5 30 per hour. Shia made 1,900 units of product during the period. Based on this information alone, the labor price variance is Multiple Choice 5969 unfavorable 5969 favorable $950 favorable $950 unfavorable

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