1. Mordica Companys standard labor cost per unit of output is $32.13 (2.70 hours x $11.90 per hour). During August, the company incurs 3,457 hours of direct labor at an hourly cost of $11.60 per hour in making 1,300 units of finished product.

Compute the total, price, and quantity labor variances. (Round answers to 2 decimal places, e.g. 52.75.)

Total labor variance		$ ???		Neither favorable nor unfavorableFavorableUnfavorable ???
Labor price variance		$ ???		Neither favorable nor unfavorableFavorableUnfavorable ???
Labor quantity variance		$ ???		UnfavorableFavorableNeither favorable nor unfavorable ???

2. Stefani Company has gathered the following information about its product.

Direct materials: Each unit of product contains 4.90 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 0.60 pounds. Materials cost $ 4 per pound, but Stefani always takes the 2.00 % cash discount all of its suppliers offer. Freight costs average $ 0.35 per pound.

Direct labor. Each unit requires 1.80 hours of labor. Setup, cleanup, and downtime average 0.20 hours per unit. The average hourly pay rate of Stefanis employees is $ 12.70 . Payroll taxes and fringe benefits are an additional $ 2.00 per hour.

Manufacturing overhead. Overhead is applied at a rate of $ 6.80 per direct labor hour.

Compute Stefanis total standard cost per unit. (Round intermediate calculations and final answer to 2 decimal places, e.g. 1.25.)

Total standard cost per unit

$ ???