O'Malley Inc. manufacturers a unique product. Prior to the start of July, the company's controller estimated July's production to be 4,000 units. Each unit requires one hour of direct labor at a cost of $10 per direct labor hour.
At the end of July, it was determined that actual production was 4,680 units and actual direct labor cost was $49,140.
Required:

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The Answer of O'Malley Inc. manufacturers a unique product. Prior to the start of July, the company's controller estimated July's production to be 4,000 units. Each unit requires one hour of direct labor at a cost of $10 per direct labor hour.
At the end of July, it was determined that actual production was 4,680 units and actual direct labor cost was $49,140.
Required: