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Concord Compamy s standerd labor cost per unit of output is $30.00(2.50 hours x$12 per hour). During August, the company incurs 2,700 hours of direct

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Concord Compamy s standerd labor cost per unit of output is $30.00(2.50 hours x$12 per hour). During August, the company incurs 2,700 hours of direct labor at an hourly cost of $10.80 per hour in making 1.200 units of finished product. Compute the total, price, and quantity labor variances. (Round answers to 2 decimal places, es: 5275 )

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