Brief Exercise 25-5 Your answer is partially correct. Try again. Mordica Company's standard labor cost per unit of output is $18.00 (1.80 hours x $10.00 per hour). During August, the company incurs 1,710 hours of direct labor at an hourly cost of $9.50 per hour in making 1,000 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 Favorable Labor price variance Favorable Labor quantity variance Favorable Brief Exercise 25-4 Your answer is partially correct. Try again. Simba Company's standard materials cost per unit of output is $9.24 (2.10 pounds x $4.40). During July, the company purchases and uses 2,835 pounds of materials costing $15,026 in making 1,500 units of finished product. Compute the total, price, and quantity materials variances. (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 52.) Total materials variance Unfavorable Materials price variance DON unfavorable Materials quantity variance Favorable