BACK NEXT Rudd Chithiers is a small company that manufactures tall men's suts. The company has used a standard cost accounting system. In May 2020, 10,200 suts were produced. The following standard and actual cost data applied to the month of May when normal capacity was 17,500 direct labor hours. All materials purchased were used. Cost Element Direct materials Direct labor Overhead Standard (per unit) 6 yards at $4.00 per yand 1.10 hours $13.00 per hour 1.10 hours per hour (fed $3.80; vanable $2.50) Actual $234,840 for 61,800 yards ($3.80 per vand) $158,536 for 11,920 hours ($13.30 per hour) $49,000 fixed overhead $36,500 variable overhead Overhead is applied on the basis of direct labor hours. e normal capacity, budgeted fixed everbend costs were $66,500, and budgeted variable overhead was $43,750 (a) Compute the tutal, price, and quantity variances for (1) materials and (2) labor. (ound per unit values to 2 decimal places g. 52.7% and final answers to a decimal places, na 32.) (1) Total materials variance Materials price varsance Materials Quantity varian (2) Total labor variance Labor price variance Labor quantity variance (b) Campute the total overhead variance