Sheridan Company's standard labour cost per unit of output is $20 (2 hours * $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 0 decimal places, e.g. 125.) Total labour variance 141000 Favourable -3150 Unfavourable Labour price variance $ Favourable 144150 Labour quantity variance $