Standard and actual costs for direct labor for the manufacture of 1,500 units of product were as follows: Actual costs 450 liours @ $17.00 Standard costs 455 hours @ $16.50 Determine the (a) time variance, (b) rate variance, and (c) total direct labor cost variance. Based on the following production and sales data of Jackson Co. for March of the current year, prepare (a) a sales budget and (b) a production budget. Estimated inventory, March 1 Desired inventory, March 31 Expected sales volume: Area I Area II Unit sales price Product T 26,000 units 32,000 units 320,000 units 190,000 units Product X 18,000 units 15,000 units 260,000 units 130,000 units $12 Upload Choose a File