Stewart uses a standard cost system and manufactures only one product. The manufacturing operations had the following variances for the quarter: Direct labor rate variance = -$20,000. Direct labor efficiency variance = $40,000. The standard direct labor rate is actually 20% more than the actual rate. The company used 50% more direct labor hours than the standard allowed. The standard labor cost per unit is $200.

Stewart uses a standard cost system and manufactures only one product. The manufacturing operations had the following variances for the quarter: Direct labor rate variance = -$20,000. Direct labor efficiency variance = $40,000. The standard direct labor rate is actually 20% more than the actual rate. The company used 50% more direct labor hours than the standard allowed. The standard labor cost per unit is $200. a. (0.5 point) What is the total actual labor cost the company paid? b. (0.5 point) What is the standard cost for labor? c. (1 point) How many units of the product were produced during the past month