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What is the direct labor cost variance

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Reference no: EM132952009

Question - If direct materials are 3 pounds per unit and three dollars per pound., Direct labor is four hours per unit and $16 per hour.

Home decor produced 5000 units during the quarter. At the end of the quarter, and examination of the labor records show that the company used 25,000 direct labor hours and actual total direct labor costs were $387,000. What is the direct labor cost variance? Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.

Reference no: EM132952009

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