The following information is available for Lightning Corporation, which produces fancy-dancy screwdriv

The following information pertains to labor.

...Actual volume of screwdrivers produced = 105,000

...Actual labor time = 9,450 hours

...Actual pay per hour = $17 per hour

...Budgeted volume of screwdrivers produced = 112,000

...Budgeted labor time = 12,320

...Budgeted total spending = $197,120

Compute labor spending variance, labor efficiency variance and labor activity variance