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Information on Kimble Company's Direct Labor Costs for the Month

question 68

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Information on Kimble Company's direct labor costs for the month of January is as follows:
 Actual direct labor hours 34,500 Standard direct labor hours 35,000 Total direct labor payroll $241,500 Direct labor efficiency variance-favorable $3,200\begin{array} { | l | r | } \hline \text { Actual direct labor hours } & 34,500 \\\hline \text { Standard direct labor hours } & 35,000 \\\hline \text { Total direct labor payroll } & \$ 241,500 \\\hline \text { Direct labor efficiency variance-favorable } & \$ 3,200 \\\hline\end{array} What is Kimble's direct labor price (rate) variance?


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