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ABC Manufacturing's standard cost card for one unit of product includes: Direct materials $90, Direct labor (15 hours at $25 per hour), and Factory overhead

ABC Manufacturing's standard cost card for one unit of product includes: Direct materials $90, Direct labor (15 hours at $25 per hour), and Factory overhead (based on direct labor hours, 15 hours per unit). During February, the company produced 12,000 units, and actual costs were: Direct materials $1,000,000, Direct labor $1,500,000, and Factory overhead $1,800,000. Calculate the total variance and break it down into material, labor, and overhead variances.

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