Novak Companys standard labor cost per unit of output is $23.94 (2.10 hours x $11.40 per hour). During August, the company incurs 2,634 hours of direct labor at an hourly cost of $11.00 per hour in making 1,300 units of finished product. Compute the total, price, and quantity labor variances. (Round answers to 2 decimal places, e.g. 52.75.)

Total labor variance		$enter a dollar amount rounded to 2 decimal places		select an option FavorableUnfavorableNeither favorable nor unfavorable
Labor price variance		$enter a dollar amount rounded to 2 decimal places		select an option Neither favorable nor unfavorableFavorableUnfavorable
Labor quantity variance		$enter a dollar amount rounded to 2 decimal places		select an option