LUS Support Current Attempt in Progress Lewis Company's standard labor cost of producing one unit of Product DD is 3.70 hours at the rate of $10.60 per hour. During August, 40,400 hours of labor are incurred at a cost of $10.75 per hour to produce 10,800 units of Product DD. (a) Compute the total labor variance Total labor variance $ b) Compute the labor price and quantity variances Labor price variance Labor quantity variance 5 Compute the labor price and quantity variances, assuming the standards. 10 hours of direct laborat $10.95 per hour. Labor price varlance Labor quantity varlance s