6. Ant Company uses a standard costing system for its production process. The standard cost per unit of Product Z is as follows: -Direct Materials: 5 meters at $6 per meter - Direct Labor: 4 hours at $15 per hour -Variable Overhead: 4 hours at $8 per hour -Fixed Overhead: $20,000 per month During the month, the company produced 2,500 units of Product Z. The actual costs incurred, and other relevant information are as follows: -Direct Materials Used: 13,500 meters at $5.80 per meter - Direct Labor: 10,000 hours at $15.50 per hour -Variable Overhead: 10,000 hours at $7.5 per hour (Assuming standard hours = Direct labor hours) -Fixed Overhead: $19,800 Calculate the following variances: - Direct Materials Variances (Price and Quantity) - Direct Labor Variances (Rate and Efficiency) -Variable Overhead Variances (Spending and Efficiency) - Fixed Overhead Variance