Pharoah Company's standard labour cost of producing one unit of product DD is 3 hours at the rate of $14.65 per hour. During August, 40,260 hours of labour are incurred at a cost of $14.95 per hour to produce 13,200 units of product DD. Calculate the total labour variance. Total labour variance $ V eTextbook and Media Calculate the labour price and quantity variances. Labour price variance: $ V Labour quantity variance: $ v eTextbook and Media Calculate the labour price and quantity variances, assuming the standard is 3.15 hours of direct labour at $15.05 per hour. Labour price variance: $ v Labour quantity variance: $ v