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Concord Company's standard labor cost per unit of output is $30.00 ( 2.50 hours x$12 per hour). During August, the company incurs 2,925 hours of

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Concord Company's standard labor cost per unit of output is $30.00 ( 2.50 hours x$12 per hour). During August, the company incurs 2,925 hours of direct labor at an hourly cost of $10.80 per hour in making 1.300 units of finished product. Compute the total, price, and quantity labor variances, (Round answers to 2 decimal ploces, eg.52.75.)

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