Labor cost producing one unit= 3.70 hrs at a rate of $12.60. 43,500 hrs of labor incurred at a cost of $12.80 per hr to produce 11,600 units.

(a) Compute the total labor variance. Total labor variance $ Unfavorable (b) Compute the labor price and quantity variances. Labor price variance Unfavorable Labor quantity variance Unfavorable (c) Compute the labor price and quantity variances, assuming the standard is 4.10 hours of direct labor at $12.90 per hour. Labor price variance $ Favorable Labor quantity variance $ Favorable