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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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