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# Labor variances

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Kendra Company's standard labor cost of producing one unit of Product DD is 4 hours at the rate of \$12.84 per hour. During August, 40,800 hours of labor are incurred at a cost of \$12.95 per hour to produce 10,000 units of Product DD.

Compute the total labor variance.
\$

Compute the labor price and quantity variances.
Labor price variance \$

Labor quantity variance \$

Repeat the previous question, assuming the standard is 4.2 hours of direct labor at \$13.11 per hour.
Labor price variance \$

Labor quantity variance \$

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Kendra Company's standard labor cost of producing one unit of Product DD is 4 hours at the rate of \$12.84 per hour. During August, 40,800 hours of labor are incurred at a cost of \$12.95 per hour to produce 10,000 units of Product DD.

Labor price variance:

price paid per hour vs. price "should have paid per standard" times hours ...

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