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The standard cost of product 5252 includes 1.9 hours of direct labor at $17.10 per hour. The predetermined overhead rate is $22 per direct labor

The standard cost of product 5252 includes 1.9 hours of direct labor at $17.10 per hour. The predetermined overhead rate is $22 per direct labor hour. During July, the company incurred 4,000 hours of direct labor at an average rate of $17.40 per hour and $81,900 of manufacturing overhead costs. It produced 2,000 units. (a) Compute the total, price, and quantity variances for labor.

Total labor variance

$enter a dollar amount select an option UnfavorableFavorableNeither favorable nor unfavorable

Labor price variance

$enter a dollar amount select an option FavorableUnfavorableNeither favorable nor unfavorable

Labor quantity variance

$enter a dollar amount select an option FavorableUnfavorableNeither favorable nor unfavorable

(b) Compute the total overhead variance.

Total overhead variance $enter the total overhead variance in dollars

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