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(Solved): The standard cost of product 2525 includes 2.30 hours of direct labour at $13.60 per hour. The pre ...



The standard cost of product 2525 includes 2.30 hours of direct labour at

$13.60

per hour. The predetermined overhead rate is

$22.20

per direct labour hour. During July, the company incurred 4,210 hours of direct labour at an average rate of

$13.90

per hour and

$83,802

of manufacturing overhead costs. It produced 1,700 units. (a) Calculate the total, price, and quantity variances for labour. (Round per unit calculations to 2 decimal places, e.g. 1.25 and final answers to 0 decimal places, e.g. 125.) Total labour variance

$

Labour price variance

$

Labour quantity variance

$


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