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Lewis Company's standard labor cost of producing one unit of Product DD is 3.70 hours at the rate of $11.00 per hour. During August, 41,300

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Lewis Company's standard labor cost of producing one unit of Product DD is 3.70 hours at the rate of $11.00 per hour. During August, 41,300 hours of labor are incurred at a cost of $11.13 per hour to produce 11,000 units of Product DD. Compute the total labor variance. Total labor variance $ Compute the labor price and quantity variances. Labor price variance $ Labor quantity variance $ Compute the labor price and quantity variances, assuming the standard is 3.91 hours of direct labor at $11.24 per hour. Labor price variance $ Labor quantity variance $

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