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Mordica Company's standard labor cost per unit of output is $36.00 (3.00 hours x $12.00 per hour). During August, the company incurs 2,970 hours of
Mordica Company's standard labor cost per unit of output is $36.00 (3.00 hours x $12.00 per hour). During August, the company incurs 2,970 hours of direct labor at an hourly cost of $13.20 per hour in making 1,100 units of finished product.
Compute the total, price, and quantity labor variances.
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