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Mordica Company's standard labor cost per unit of output is $22 (2.0 hours $11 per...

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Accounting

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Mordica Company's standard labor cost per unit of output is $22 (2.0 hours $11 per hour). During August, the company incurs 2,150 hours of direct labor at an hourly cost of $10.80 per hour in making 1.000 units of finished product. Compute the total, price, and quantity labor variances. (Round answers to 2 decimal ploces, eg. 52.75.) \begin{tabular}{l|l||} \hline Total labor variance \\ Labor price variance \\ Labor quantity variance $ & $ \\ \hline \end{tabular}

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