Compute the total price and quantity labor variances


Bartley Company's standard labor cost per unit of output is $31.64 (2.8 hours x $11.30 per hour). During August, the company incurs 3,100 hours of direct labor at an hourly cost of $11.21 per hour in making 1,100 units of finished product.

Compute the total, price, and quantity labor variances.

  • Total labor variance: .......... U/F?
  • Labor price variance:.................U/F?
  • Labor quantity variance:............U/F?

 

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Accounting Basics: Compute the total price and quantity labor variances
Reference No:- TGS0675919

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