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Wildhorse Company's standard labor cost of producing one unit of Product DD is 3 . 5 0 hours at the rate of $ 1 2

Wildhorse Company's standard labor cost of producing one unit of Product DD is 3.50 hours at the rate of $12.00 per hour. During August, 42,900 hours of labor are incurred at a cost of $12.15 per hour to produce 12,100 units of Product DD.(a)Compute the total labor variance.Total labor variance$(b)Compute the labor price and quantity variances.Labor price variance$Labor quantity variance$(c)Compute the labor price and quantity variances, assuming the standard is 3.8 hours of direct labor at $12.30 per hour.Labor price variance$Labor quantity variance$

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