Current Attempt in Progress 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 places, es, 5275) Total labor variance $ Labor price variance $ Labor quantity variance $