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The following data is given for the Harry Company: Budgeted production 1,057 units Actual production 913 units Materials: Standard price per ounce $1.75 Standard ounces

The following data is given for the Harry Company:

Budgeted production 1,057 units
Actual production 913 units
Materials:
Standard price per ounce $1.75
Standard ounces per completed unit 11
Actual ounces purchased and used in production 9,742
Actual cost of materials $19,971
Labor:
Standard hourly labor rate $15.00 per hour
Standard hours allowed per completed unit 4.0
Actual labor hours worked 4,701.95
Actual total labor costs $71,705
Overhead:
Actual and budgeted fixed overhead $1,038,796
Standard variable overhead rate $26.00 per standard labor hour
Actual variable overhead costs $131,655
Overhead is applied on standard labor hours.

Determine the direct labor rate variance.

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