*Exercise 11-6 (Video) Lewis Company's standard labor cost of producing one unit of Product DD is 3.40 hours at the rate of $13.80 per hour. During August, 43,700 hours of labor are incurred at a cost of $14.00 per hour to produce 12,600 units of Product DD. (a) ch Compute the total labor variance. Total labor variance -10 -11 ideo ideo (b) Compute the labor price and quantity variances. Labor price variance (Vides Labor quantity variance by Stu Compute the labor price and quantity variances, assuming the standard is 3.80 hours of direct labor at $14.20 per hour. Labor price variance Labor quantity variance