ework comp OUR *Brief Exercise 11-5 Mordica Company's standard labor cost per unit of output is $32.40 (2.70 hours x $12.00 per hour). During August, the 11-5 company incurs 2,970 hours of direct labor at an hourly cost of $10.80 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.) 11-10 11-11 Total labor variance (Video) Labor price variance 11-7 7 (Video -17 1A (Vides Labor quantity variance . aits by ste Question Attempts: Unlimited