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The accountant of JYD Corporation prepared the following cost analysis report on direct labor costs for the jobs completed during the previous months: JobActual Hrs.

The accountant of JYD Corporation prepared the following cost analysis report on direct labor costs for the jobs completed during the previous months:

JobActual Hrs. at Actual RatesActual Hrs. at Standard RatesStandard Hrs. at Standard Rates

105P2,270P2,590P2,170

11010,74010,97010,500

1174,7304,9004,620

12013,85013,60013,480

TotalP31,590P32,060P30,770

1.What is the total direct labor variance for the jobs completed?

2.What is the labor rate variance?

3.What is the labor efficiency variance?

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