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Wayland Company has a standard of 3.8 hours of labor per unit, at $10.40 per hour. In producing 920 units, Wayland used 3,200 hours of
Wayland Company has a standard of 3.8 hours of labor per unit, at $10.40 per hour. In producing 920 units, Wayland used 3,200 hours of labor at a total cost of $35,000. What is Wayland's labor price variance?
$1,720 Unfavorable | ||
$1,720 Favorable | ||
$1,358 Unfavorable | ||
$1,358 Favorable |
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