Total Labor Variance

Tico Inc. produces plastic bottles. Each bottle has a standard labor requirement of 0.03 hour. During the month of April, 900,000 bottles were produced using 25,200 labor hours @ $15.00. The standard wage rate is $13.50 per hour.

Required:

Calculate the total variance for production labor for the month of April. Enter amounts as positive numbers and select Favorable or Unfavorable. $

Total Labor Variance

Tico Inc. produces plastic bottles. Each bottle has a standard labor requirement of 0.015 hours. During the month of April, 480,000 bottles were produced using 15,000 labor hours @ $10.50. The standard wage rate is $8.50 per hour.

Required:

Calculate the total variance for production labor for the month of April. Enter amounts as positive numbers. If required, round your answer to the nearest cent. $