Chapter $10$ Homework, Part $1$ i

$1$ Exercise $10-11$ Labour and Variable Manufacturing Overhead Variances $[$LO$3,$ LO$4]$

Affordable Electronics Inc. manufactures medium$-$quality, reasonably priced wireless speakers for home use. The company uses standards to control its costs. The labour standards that have been set for one speaker are as follows:

$\backslash$table$[[,$Standard Rate,Standard$],[$Standard Hours,per Hour,Cost$],[12$ minutes hours$),$$$19\mathrm{.}00,$$$3\mathrm{.}80$