Blomdahl Corporation makes a product with the following standard costs: The company reported the following results concerning this product in October. The materials price variance is recognized when materials are purchased. Variable overhead is applied on the basis of direct labor-hours. Required: Compute the malcreate quirtity variance. Compute the materials price variance. Compute the labor efficiency variance. Compute the direct labor rate variance. Compute the variable overhead efficiency variance. Compute the variable overhead rate variance. Which variances would you recommend that management investigate? Explain