What is the direct labor price variance for month of May

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Reference no: EM132872118

Question - The Matthew Company makes tables for which the following standards have been developed:

Standard Inputs Expected For Each Unit of Output

Standard Price Expected Per Unit of Input

Direct Materials 17 pounds $5.20 per pound

Direct Labor 3 hours $16 per hour

Production of 200 tables was expected in May, but 220 tables were actually completed. Direct materials purchased and used were 2,100 pounds at an actual price of $4.40 per pound. Direct labor cost for the month was $10,620, and the actual pay per hour was $18.00. What is the direct labor price variance for the month of May?

A. $1,180 Unfavorable

B. $1,200 Unfavorable

C. $1,200 Favorable

D. $1,180 Favorable

Reference no: EM132872118

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