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The standard cost of product 2525 includes 3.20 hours of direct labour at $14.15 per hour. The predetermined overhead rate is $20.90 per direct labour
The standard cost of product 2525 includes 3.20 hours of direct labour at $14.15 per hour. The predetermined overhead rate is $20.90 per direct labour hour. During July, the company incurred 7,780 hours of direct labour at an average rate of $14.45 per hour and $157,612 of manufacturing overhead costs. It produced 2,400 units. (a) Your answer is correct. Calculate the total, price, and quantity variances for labour. $ 3749 Total labour variance Unfavourable $ 2334 Labour price variance Unfavourable $ 1415 MB Labour quantity variance Unfavourable Your answer is partially correct. Calculate the total overhead variance. $ $ 4990 Favourable Total overhead variance
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