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INTERVISION Questions Pagley Company's standard labour cost of producing one of product is 345 hours at the rate of $14.70 per hour. During August 47.570 hours of labour are incurred at a cost of $15.00 per hour to produce 13.400 units of product 00. (a) (c) Your answer is partially correct. Try again. Calculate the labour price and quantity variances, assuming the standard is 3.70 hours of direct labour at $15.20 per hour Labour price variance 14271 Favourable 29547 Labour quantity variance Favoro LINK TO TEXT