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The standard cost of product 2525 includes 3.50 hours of direct labour at $13.10 per hour. The predetermined overhead rate is $22.20 per direct labour
The standard cost of product 2525 includes 3.50 hours of direct labour at $13.10 per hour. The predetermined overhead rate is $22.20 per direct labour hour. During July, the company incurred 6,050 hours of direct labour at an average rate of $13.40 per hour and $130,090 of manufacturing overhead costs. It produced 1,700 units. (a) Calculate the total, price, and quantity variances for labour. Total labour variance $enter a dollar amount select a type of the variance Labour price variance $enter a dollar amount select a type of the variance Labour quantity variance $enter a dollar amount select a type of the variance (b)
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