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The standard cost of product 2525 includes 4.40 hours of direct labour at $13.70 per hour. The predetermined overhead rate is $22.35 per direct labour
The standard cost of product 2525 includes 4.40 hours of direct labour at $13.70 per hour. The predetermined overhead rate is $22.35 per direct labour hour. During July, the company incurred 9,880 hours of direct labour at an average rate of $13.90 per hour and $214.148 of manufacturing overhead costs. It produced 2,200 units. Calculate the total, price, and quantity variances for labour. (Round per unit calculations to 2 decimal places, eg. 1.25 and final answers to O decimal places, e.g. 125.) Total labour variance Unfavourable Labour price variance $ Unfavourable Labour quantity variance $ Unfavourable
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