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The standard cost of product 5252 includes 1.9 hours of direct labor at $14.00 per...

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Accounting

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The standard cost of product 5252 includes 1.9 hours of direct labor at $14.00 per hour. The predetermined overhead rate is $22.00 per direct labor hour. During July, the company incurred 3,200 hours of direct labor at an average rate of $14.30 per hour and $65,040 of manufacturing overhead costs. It produced 1,600 units. (a) Compute the total, price, and quantity variances for labor. Total labor variance Labor price variance Labor quantity variance $ (b)

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