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The standard cost of product 5252 includes 1.90 hours of direct labor at $13.70 per hour. The predetermined overhead rate is $22.00 per direct
The standard cost of product 5252 includes 1.90 hours of direct labor at $13.70 per hour. The predetermined overhead rate is $22.00 per direct labor hour. During July, the company incurred 4,000 hours of direct labor at an average rate of $14.00 per hour and $80,500 of manufacturing overhead costs. It produced 2,000 units. (a) Compute the total, price, and quantity variances for labor. Total labor variance $ +A Labor price variance $ Labor quantity variance $ > >
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