Lewis Company's standard labor cost of producing one unit of Product DD is 3.0 hours at the rate of $10.0 per hour.During August, 40,000 hours of labor are incurred at a cost of $10.10 per hour to produce 13,200 units of Product DD. Compute the total labor variance. Total labor variance Compute the labor price and quantity variances Labor price variance s Labor quantity variance s Compute the labor price and quantity variances, assuming the standard is 3.2 hours of direct labor at $10.20 per hour. Labor price variances Labor quantity variance s Click if you would like to Show Work for this question: Open Show Work
