Brief Exercise 15-5 Indigo Companys standard labor cost per unit of output is $32.77 (2.90 hours x $11.30 per hour). During August, the company incurs 3,532 hours of direct labor at an hourly cost of $11.75 per hour in making 1,200 units of finished product. Compute the total, price, and quantity labor variances. (Round answers to 2 decimal places, e.g. 52.75.) Total labor variance $ Labor price variance $ Labor quantity variance