- Homework Assignment Question 3 of 5 - /20 View Policies Current Attempt in Progress Lewis Company's standard labor cost of producing one unit of Product Dis 3.80 hours at the rate of $10.30 per hour. During August 40.200 hours of labor are incurred at a cost of $10.50 per hour to produce 10.500 units of Product DD. (a) Compute the total labor variance Total labor variance 5 (6) Compute the labor price and quantity variances Labor price variance $ Labor quantity variance 5 e here to search o G a F HJ K B NM Compute the labor price and quantity variances, assuming the standard is 4.20 hours of direct labor at $10.70 per hour. Labor price variance $ Labor quantity variance $