If you have only a few images to convert to Layer Comps, you don't have to use the Layer Comp panel or Variables. You can do it the old fashion way.
It is best to create images and layers in advance of creating the layer comps and that they be of the same size.
Create STATIC text fields that will be used for all comps and align them to the left or right if needed.
TIP: If you don't think any of static text will need to be changed in the future then you can use one text layer instead of separate text layers. In our example, this is what we did in our example.
Create difference dynamic text fields that will be use for each individual comp
Name the layers accordingly (e.g., Ann_Ricoh, Bob_Anderson, etc.).
TIP: It is best to stack these layers in the REVERSE order that correspond to the image layers so that they will be easier to select later. Also, you can copy the static text field and modify it as needed. For example, we copy the static text field, left justified it, changed the text to black and then replaced the static text with real data (e.g, Name: with Ann Rico, Department: with Finance, etc.).