Using standard costing what is labor rate variance actual

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Using standard costing what is labor rate variance? Actual cost of direct material purchased and used: $115,010

• Material price variance: $6,510 unfavorable

• Total materials variance: $28,510 unfavorable • Standard cost per pound of material: $5

• Standard cost per direct labor-hour: $8

• Actual direct labor-hours: 6,320 hours

• Labor efficiency variance: $4,800 favorable

• Standard number of direct labor-hours per unit of Roff: 2 hours

• Total labor variance: $1,008 unfavorable

Reference no: EM13569885

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