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What is the total labor cost variance

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Reference no: EM132527053

A job was budgeted to require 5 hours of labor per unit at $10.00 per hour. The job consisted of 6,000 units and was completed in 27,000 hours at a total labor cost of $302,400.

Question 1: What is the total labor cost variance?

Option 1: $480 unfavorable.

Option 2: $2,400 unfavorable.

Option 3: $6,000 unfavorable.

Option 4: $2,748 unfavorable.

Option 5: $5,148 unfavorable.

Reference no: EM132527053

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