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Mordica Company's standard labor cost per unit of output is $20.14 (1.90 hours x $10.60 per hour). During August, the company incurs 2,581 hours of
Mordica Company's standard labor cost per unit of output is $20.14 (1.90 hours x $10.60 per hour). During August, the company incurs 2,581 hours of direct labor at an hourly cost of $10.71 per hour in making 1,300 units of finished product. Compute the total, price, and quantity labor variances. (Round answers to 2 decimal places, eg. 52.75.) Total labor variance $ Labor price variance $ $ Labor quantity variance $
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