ACME Inc. has the following standards to manufacture one Roadrunner trap: Material: 1.5 pounds per trap at $4.00 per pound Labor: 1.5 standard hours per trap at $12.00 per direct labor hour Overhead: 1.5 standard hours per trap at $3.00 per direct labor hour Last week 2,800 pounds of material were purchased for $10,920. 1,700 pounds of material were used to make 1,000 Roadrunner ACME traps. 1,550 direct labor hours were worked to produce the 1,000 traps at a total labor cost of $18,910. $5,115 was spent for variable manufacturing overhead. 150 Roadrunners were caught and coyotes paid $50 for each of the roadrunners caught. Calculate each of the 6 variances (show your work) Materials variances (price and quantity) Labor variances (rate and efficiency) Overhead Variances (spending and efficiency)