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What is total direct labor variance for the jobs completed

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The accountant of JYD Corporation prepared the following cost analysis report on direct labor costs for the jobs completed during the previous months:

Job         Actual Hrs. at Actual Rates           Actual Hrs. at Standard Rates            Standard Hrs. at Standard Rates

105                P2,270                                   P2,590                                                 P2,170

110                10,740                                    10,970                                                 10,500

117                  4,730                                      4,900                                                  4,620

120                 13,850                                      13,600                                              13,480

Total                  P31,590                                P32,060                                              P30,770

Question 1: What is the total direct labor variance for the jobs completed?

Question 2: What is the labor rate variance?

Question 3: What is the labor efficiency variance?

Reference no: EM132549013

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