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Sheridan Company's standard labour cost per unit of output is $20 (2 hours x $10.00 per hour). During August, the company incurs 2,100 hours of

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Sheridan Company's standard labour cost per unit of output is $20 (2 hours x $10.00 per hour). During August, the company incurs 2,100 hours of direct labour at an hourly cost of $9.80 per hour in making 1,000 units of finished product. Calculate the total, price, and quantity labour variances. (Round per unit calculations to 2 decimal places, e.g. 1.25 and final answers to O decimal places, e.g. 125.) Total labour variance 141000 Favourable Labour price variance -3150 Unfavourable Labour quantity variance $ 144150 Favourable

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