Exercise 11-6 (Video) Your answer is partially correct. Try again. Lewis Company's 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 11239 Unfavorable (b) Compute the labor price and quantity variances. Labor price variance 6225 Unfavorable Labor quantity variance 5014 Unfavorable (C) Compute the labor price and quantity variances, assuming the standard is 4.10 hours of direct labor at $11.20 per hour. Labor price variance 62251 Favorable Labor quantity variance 5014 Favorable Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR EXERCISE Question Attempts: Unlimited