Talbot Company's standard labour cost per unit of output is $29.10 (2 hours $14.55 per hour). During August, the company incurs 2.960 hours of direct labour at an hourly cost of $14.35 per hour in making 1.400 units of finished product. Calculate the total, price, and quantity labour variances, Total labour variance $ Labour price variance $ Labour quantity variance Favourable Unfavourable Nelther favourable nor unfavourable