Standard Price = 10

Standard Quantity = .15

Budgeted Variance = 525

Actual Price = 12

Actual Quantity?

Actual Variance= 560

Calculate the Actual, Hybrid, Flexible Budget, and Master Budget direct labor variance

\begin{tabular}{|l|c|c|} \hline & STANDARD (for 600 bottles) & ACTUAL (for 560 bottles) \\ \hline Labor & 0.15 hours of direct labor at $10 per hour & 56 hours of direct labor at $12 per hour \\ \hline \end{tabular}