Lewis Company's standard labor cost of producing one unit of Product DD is3.7hours at the rate of $12.9per hour. During August,40,600hours of labor are incurred at a cost of $13.00per hour to produce10,800units of Product DD.

(a)

Compute the total labor variance.

Total labor variance$

enter a dollar amount of the total labor variance

select a type of the total variance

Favorable

Neither favorable nor unfavorable

Unfavorable

(b)

Compute the labor price and quantity variances.

Labor price variance$

enter a dollar amount

select a type of the variance

Favorable

Unfavorable

Neither favorable nor unfavorable

Labor quantity variance$

enter a dollar amount

select a type of the variance

Neither favorable nor unfavorable

Favorable

Unfavorable

(c)

Compute the labor price and quantity variances, assuming the standard is4.1hours of direct labor at $13.20per hour.

Labor price variance$

enter a dollar amount

select a type of the variance

Unfavorable

Neither favorable nor unfavorable

Favorable

Labor quantity variance$

enter a dollar amount

select a type of the variance

Neither favorable nor unfavorable

Unfavorable

Favorable