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The standard cost of product B2525 includes 2.80 hours of direct labour at 14.05 per hour. The predetermined overhead rate is 21.25 per direct labour

The standard cost of product B2525 includes 2.80 hours of direct labour at 14.05 per hour. The predetermined overhead rate is 21.25 per direct labour hour. During July, the company incurred 6820 hours of direct labour at an average rate of 14.45 per hour and $140100 of manufacturing overhead costs. It produced 2400 units. Calculate the labour quantity variance $

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