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The following information is for Brennan Companys September production: Standards: Material 4.0 feet per unit @ $3.75 per foot Labor 3.0 hours per unit @
The following information is for Brennan Companys September production:
Standards:
Material 4.0 feet per unit @ $3.75 per foot
Labor 3.0 hours per unit @ $8.25 per hour
Actual:
Production 3,500 units produced during the month
Material 14,200 feet used; 14,700 feet purchased @ $3.70 per foot
Labor 10,400 direct labor hours @ $8.35 per hour
Refer to Brennan Company's data. What is the labor price variance? Please round your answer to the nearest dollar.
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