The following direct labor data pertain to the operations of Concord Corp. for the month of November:

Actual labor rate		$12.25 per hr.
Actual hours used		20,160
Standard labor rate		$12.00 per hr.
Standard hours allowed		18,900

Calculate the labor variances. Identify whether each variance is favorable or unfavorable.

Labor Price Variance		$enter a dollar amount	select an option FavorableNot ApplicableUnfavorable
Labor Quantity Variance		$enter a dollar amount	select an option UnfavorableNot ApplicableFavorable
Total Labor Variance		$enter a dollar amount	select an option FavorableNot ApplicableUnfavorable

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