ABC Manufacturing's standard cost card for one unit of product includes: Direct materials $70, Direct labor (12 hours at $15 per hour), and Factory overhead (based on direct labor hours, 12 hours per unit). During August, the company produced 8,000 units, and actual costs were: Direct materials $600,000, Direct labor $720,000, and Factory overhead $840,000. Calculate the total variance and break it down into material, labor, and overhead variances.