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The following information describes a company's usage of direct labor in a recent period: Actual direct labor hours used 44,000 Actual rate per hour $20

The following information describes a company's usage of direct labor in a recent period:

Actual direct labor hours used 44,000
Actual rate per hour $20
Standard rate per hour $18
Standard hours for units produced 42,000

How much is the direct labor price variance?

Question 12 options:

$88,000 favorable

$84,000 unfavorable

$84,000 favorable

$88,000 unfavorable

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