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Cullumber Companys standard labor cost of producing one unit of Product DD is 3.80 hours at the rate of $10.90 per hour. During August, 41,500

Cullumber Companys standard labor cost of producing one unit of Product DD is 3.80 hours at the rate of $10.90 per hour. During August, 41,500 hours of labor are incurred at a cost of $11.05 per hour to produce 10,800 units of Product DD. (a) Compute the total labor variance.

Total labor variance $enter the total labor variance in dollars select an option UnfavorableFavorableNeither favorable nor unfavorable

(b) Compute the labor price and quantity variances.

Labor price variance

$enter a dollar amount select an option UnfavorableFavorableNeither favorable nor unfavorable

Labor quantity variance

$enter a dollar amount select an option Neither favorable nor unfavorableUnfavorableFavorable

(c) Compute the labor price and quantity variances, assuming the standard is 4.1 hours of direct labor at $11.20 per hour.

Labor price variance

$enter a dollar amount select an option Neither favorable nor unfavorableFavorableUnfavorable

Labor quantity variance

$enter a dollar amount select an option FavorableNeither favorable nor unfavorableUnfavorable

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