Question: 10-please answer correctly and clearly, will leave a like thanks Swifty Company's standard labor cost per unit of output is $23.00 (2.30 hours x $10
10-please answer correctly and clearly, will leave a like thanks
Swifty Company's standard labor cost per unit of output is $23.00 (2.30 hours x $10 per hour). During August, the company incurs 2,691 hours of direct labor at an hourly cost of $11.00 per hour in making 1,300 units of finished product. Compute the total, price, and quantity labor variances. (Round answers to 2 decimal places, e.g. 52.75.) Total labor variance Labor price variance $ $ Labor quantity variance $
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
