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Wildhorse Companys standard labour cost per unit of output is $22 (2 hours $11.15 per hour). During August, the company incurs 3,560 hours of direct
Wildhorse Companys standard labour cost per unit of output is $22 (2 hours $11.15 per hour). During August, the company incurs 3,560 hours of direct labour at an hourly cost of $10.95 per hour in making 1,700units of finished product. Calculate the total, price, and quantity labour variances. (Round per unit calculations to 2 decimal places, e.g. 1.25 and final answers to 0 decimal places, e.g. 125.)
Wildhorse Company's standard labour cost per unit of output is $22 (2 hours * $11.15 per hour). During August, the company incurs 3,560 hours of direct labour at an hourly cost of $10.95 per hour in making 1,700 units of finished product. Calculate the total, price, and quantity labour variances. (Round per unit calculations to 2 decimal places, e.g. 1.25 and final answers to O decimal places, e.g. 125.) Total labour variance $ Labour price variance ta Labour quantity variance $Step by Step Solution
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