Ivanhoe Company's standard labour cost per unit of output is $28 (2 hours * $14.10 per hour). During August, the company incurs 2,710 hours of direct labour at an hourly cost of $13.90 per hour in making 1,300 units of finished product. Calculate the total, price, and quantity labour variances. (Round per unit calculations to 2 decimal places, eg. 1.25 and final answers to decimal places, eg. 125.) Total labour variance $ 1269 Unfavourable Labour price variance 542 i Favourable Labour quantity variance $ 1551 i Unfavourable