Compute the total and price and quantity labor variances

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Question

Splish Company's standard labor cost per unit of output is $20.90 (1.90 hours x $11.00 per hour). During August, the company incurs 1,710 hours of direct labor at an hourly cost of $9.90 per hour in making 1,000 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 $

Reference no: EM132344948

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