The standard cost of product 5252 includes1.90hours of direct labor at $11.50per hour. The predetermined overhead rate is $22.00per direct labor hour. During July, the company incurred4,000hours of direct labor at an average rate of $11.70per hour and $82,300of manufacturing overhead costs. It produced2,000units.

(a)Compute the total, price, and quantity variances for labor.

Total labor variance $_______________ ________________(Favorable, Neither favorable nor unfavorable, Unfavorable)

Labor price variance $_______________ ________________(Favorable, Neither favorable nor unfavorable, Unfavorable) Labor quantity variance$ $_______________ ________________(Favorable, Neither favorable nor unfavorable, Unfavorable)

(b) Compute the total overhead variance (show computation)

Total overhead variance $ ____________________