Blue Dingo uses a standard costing system. The company's standard costs and variances for direct materials, direct labor, and factory overhead for the month of May are as follows: Direct materials Price variance Quantity variance Direct labor Rate variance Efficiency variance Manufacturing overhead Spending variance Volume variance Required: Variances Standard Cost $ 85,000 Unfavorable Favorable $ 4,600 $ 3,000 179,000 2,700 6,200 267,000 4,000 5,000 Determine the actual costs incurred during the month of May for direct materials, direct labor, and manufacturing overhead. Direct materials Direct labor Manufacturing overhead Actual Costs Incurred