Prepare a variance analysis for Direct Labor on paper and then answer the next questions. Standards: Each unit requires 2 hours of direct labor. The standard labor cost per hour is $30. Actual results: 2,000 units were produced Labor hours =3,800 hours. The total direct labor cost =$121,600 The price variance is: Prepare a variance analysis for Direct Labor. Standards: Each unit requires 2 hours of direct labor. The standard labor cost per hour is $30. Actual results: 2,000 units were produced Labor hours =3,800 hours. The total direct labor cost =$121,600 The quantity variance is