To help control operations, Sisyphus Company developed a standard costing system in its job shop. Data for a recent job follows.

 

Required:

Calculate the direct labour price and efficiency variances and determine whether they are favourable or unfavourable. Provide one possible explanation for each variance.

Transcribed Image Text:

Standard 950 Actual 920 $1,850 380 Direct labour hours Direct labour dollars Units produced $1,900 380