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Concord Company's standard labor cost per unit of output is $30.00 12.50 hours x $12 per hour). During August, the company incurs 2.700 hours of

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Concord Company's standard labor cost per unit of output is $30.00 12.50 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, 68, 52.75.) Total labor variance $ Labor price variance $ Labor quantity variance $

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