Shia Company makes a product that is expected to require 2 hours of labor per unit of product. The standard cost of labor is $5.20. Shia actually used 2.1 hours of labor per unit of product. The actual cost of labor was $5.30 per hour. Shia made 1,000 units of product during the period. Based on this information alone, the labor price variance is:
A. $210 unfavorable.
B. $200 unfavorable.
C. $200 favorable.
D. $210 favorable.
Answer: A
Business
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