Lily Company's standard labor coster unit of output is $24.20 ( 2.20 hours $11 per hour). During August, the company incurs 2,420 hours of direct labor at an hourly cost of $12.10 per hour in making 1,000 units of finished product. Compute the total, price, and quantity labor variances. (Round answers to 2 decimal places, es. 52.75.)