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The Following Information Describes a Company's Usage of Direct Labor

question 110

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The following information describes a company's usage of direct labor in a recent period:
 Actual direct labor hours used 44,000 Actual rate per hour $20 Standard rate per hour $18 Standard hours for units produced 42,000\begin{array}{|l|r|}\hline \text { Actual direct labor hours used } & 44,000 \\\hline \text { Actual rate per hour } & \$ 20 \\\hline\text { Standard rate per hour } & \$ 18 \\\hline \text { Standard hours for units produced } & 42,000 \\\hline\end{array}
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How much is the direct labor price variance?

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