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ToolTime has a standard of 2 hours of labor per unit, at $18 per hour. In producing 2,000 units, ToolTime used 3, 850 hours of

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ToolTime has a standard of 2 hours of labor per unit, at $18 per hour. In producing 2,000 units, ToolTime used 3, 850 hours of labor at a total cost of $70, 455. ToolTime's total labor variance is $1, 155 U. $1, 200 U. $1, 545 F. $2, 895 F

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