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ABC Manufacturing's standard cost card for one unit of product includes: Direct materials $120, Direct labor (20 hours at $25 per hour), and Factory overhead

ABC Manufacturing's standard cost card for one unit of product includes: Direct materials $120, Direct labor (20 hours at $25 per hour), and Factory overhead (based on direct labor hours, 20 hours per unit). During March, the company produced 18,000 units, and actual costs were: Direct materials $1,800,000, Direct labor $2,500,000, and Factory overhead $3,000,000. Calculate the total variance and break it down into material, labor, and overhead variances.

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