Lewis Companys standard labor cost of producing one unit of Product DD is 3.10 hours at the rate of $12.70 per hour. During August, 42,200 hours of labor are incurred at a cost of $12.80 per hour to produce 13,500 units of Product DD. (a) Compute the total labor variance.

Total labor variance

$enter the Total labor variance in dollars

select an option FavorableNeither favorable nor unfavorableUnfavorable

Compute the labor price and quantity variances.

Labor price variance		$enter a dollar amount		select an option UnfavorableNeither favorable nor unfavorableFavorable
Labor quantity variance		$enter a dollar amount		select an option UnfavorableFavorableNeither favorable nor unfavorable

Compute the labor price and quantity variances, assuming the standard is 3.40 hours of direct labor at $12.95 per hour.

Labor price variance		$enter a dollar amount		select an option FavorableUnfavorableNeither favorable nor unfavorable
Labor quantity variance		$enter a dollar amount		select an option Neither favorable nor unfavorableUnfavorableFavorable