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The Workweek is a local clothing manufacturer that makes men's dress pants. Below is some actual vs. budget information for The Workweek's pants for the

The Workweek is a local clothing manufacturer that makes men's dress pants. Below is some actual vs. budget information for The Workweek's pants for the month of May. Assume no beginning/ending inventories for simplicity. The cost-allocation base for both variable and fixed overhead is direct labor-hours.

Data for the Month of May
Static
(1 unit = 1 pair of pants) Actual Budget
# Pairs pants made and sold 4,625 4,300
Selling price per pair $47 $49
Yards of fabric per pair 2.5 2.4
Cost per yard of fabric $4.67 $4.51
Time in hours to sew one pair 0.65 0.75
Cost of direct labor (per hour) $17 $16
Variable overhead costs $3,825 $3,200
(utilities, sewing machine maintenance, etc.)
Fixed overhead costs $9,000 $8,600
(store rent, insurance, etc.)

What is the price variance for direct labor?

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