2.) Babylon Furniture manufactures sofa sets and seats. The company uses a standard cost accounting system. In June 2022,15,700 seats were made. The following standard and actual cost data applied to the month of June when the normal capacity was 20,000 direct labors hours. All materials purchased were used in production. Qverhead is applied on the basis of direct labor hours. At normal capacity, bydgeted fixed everhead cssts were $126,000, and budgeted yariable everhead costs veere $60,000. a.) Compute total, price and guantity variances for direct materials. (12 points) b.) Compute total, rate and efficiency variances for direct labor. (12 points) c.) Computa total, controllable and volume xariances for manufacturing overhead. (12 points)