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During January, Pina Colada Co. incurs 1,970 hours of direct labor at an hourly cost of $11.80 to produce 1,080 units of its finished product.

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During January, Pina Colada Co. incurs 1,970 hours of direct labor at an hourly cost of $11.80 to produce 1,080 units of its finished product. Pina Colada's standard labor cost per unit of output is $22 (2 hours x $11.00). Compute the total, price, and quantity labor variances for Pina Colada Co. for January. Identify whether each variance is favorable or unfavorable. Total Labor Variance to 4 Labor Price Variance $ Labor Quantity Variance $

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