The standard cost of product 2525 includes 5.00 hours of direct labour at $13.40 per hour. The predetermined overhead rate is $22.35 per direct labour hour. During July, the company incurred 14,100 hours of direct labour at an average rate of $13.70 per hour and $310,500 of manufacturing overhead costs. It produced 2.800 units. (a) Your answer is correct. Calculate the total price, and quantity variances for labour. 5570 Total labour variance $ Unfavourable 4230 Labour price variance $ Unfavourable Unfavourable 1340 $ Labour quantity variance (b) Calculate the total overhead variance, Total overhead variance