During January, Pronghorn Co. incurs 1,980 hours of direct labor at an hourly cost of $11.80 to produce 1,080 units of its finished product. Pronghorn's standard labor cost per unit of output is $22 (2 hours x $11.00). Hock Compute the total, price, and quantity labor valiances for Pronghorn Co. for January. Identify whether each variance is favorable or unfavorable. Total Labor Variance Labor Price Variance Labor Quantity Variance Dow jones indus... +0.73% fn eTextbook and Media Save for Later esc F1 ! Q A Z 2 $ $ $ W S alt ) X F3 # 3 E D DII F4 C $ 4 R F F5 Search % 5 V T F6 G B * Attempts: 0 of 3 used H & 7 N U J * 00 F9 M Submit Answer prt sc ( O K F10 O alt home F11

Durine January. Pronghoen Co incurs 1.980 hours of direct bbor at an hourly cost ol 511.80 to produce 1.060 units of its finished Compute the total prike, and quantity labor vabiances for Pronghorn Co. for January. Identify whether each variance is faworable or unfavorable