Current Attempt In Progress The following direct materials and direct labor data pertanto the operations of Laurel Company for the month of August Costs Actual laborate $13 per hour Actual materials price $128 perto Standard laborate $12.50 per hour Standard materials price $130 perton Quantities Actual hours incurred and used 4,150 hours Actualquantity of materials purchased and used 1.220 ton 4.300 hours Standard hours used 1.200 tons Standard quantity of materials used dances for materials and tabo (a) Compute the total price and quantity variances for materials and labor. Total materials variance $ Materials price variance S Materials quantity variant 5 Total labor variance $ Labor price variance S Labor quantity variance $ e Textbook and Media For late Attempts: 0 of used SA