STANDARD

July August September

Standard labor cost per unit 2.26 2.26 2.26
Units produced per day 33 35 37
Standard units per month 693 700 740
Standard labor cost per day 74.58 79.10 83.62

Standard cost per month (21 days) 1566.18 1582 1672.4

Standard labor (rate) cost per hour 3.1075 3.2958 3.4842
Standard hours per unit 0.7273 0.6857 0.6486
Standard # of labor hours allowed 411.6364 388.1143 367.1351
Standard Cost 1259.16 1259.15 1259.17

ACTUAL
Actual operating days/month 17 12 13
Standard units per month 693 700 740
Actul labor cost per day 94.12 133.33 123.08
Standard cost per month (21 days) 1976.47 2666.67 2461.54
Actual labor (rate) cost per hour 3.9216 5.5556 5.1282
Actual # of labor hours worked 407.9967 287.997 312.0003
Actual cost 1600 1600 1600

Labor Rate (Price) Variance Labor Efficiency (Usage) Variance

(Standard labor rate per hour - Actual labor rate per hour) (Standard # of labor hrs allowed - Actual # of labor hrs worked)
x Actual # of labor hours worked x Standard labor rate/hr
July -332.14 Unfavorable 11.31 Favorable
August -650.79 Unfavorable 329.97 Favorable
September -512.94 Unfavorable 192.1 Favorable