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SkyBridge Hospital's Radiology Department has the following labor standards for a particular diagnostic test: Standard cost: $23.40 per hour Standard quantity: 45 minutes per test

SkyBridge Hospital's Radiology Department has the following labor standards for a particular diagnostic test:

  • Standard cost: $23.40 per hour
  • Standard quantity: 45 minutes per test

During the most recent month, the hospital's radiology technicians provided 180 tests which, in total, required 145 hours of labor at a cost of $24.20 per hour. Compute the labor price variance.

$144 Unfavorable

$116 Favorable

$116 Unfavorable

$144 Favorable

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