Brass Works. Inc. produces brass lamps and gift products. Engineers at Brass works have established the following standards to produce a brass candelabra: Direct Materials Standard 1 lb. of materials @ $5 per pound Direct Labor Standard 2 hours @ $10 per hour Annual Fixed Overhead $ 90.000 Annual Variable Overhead $ 195.000 Direct labor hours at 100% Capacity 30,000 hours During the month of April, Brass works produced 1000 candelabras. The facts relating to the manufacture of these items are as follows: 1050 pounds of direct materials at $5.40 per pound were used 2, 380 direct labor hours were used at a rate of $9 per hour Actual fixed overhead costs were $7, 500 Actual Variable overhead costs were $16,000 Compute the following variances direct material variances a) direct material price variance b) direct materials quantity variance c) total direct materials variance direct labor variances a) direct labor rate variance b) direct labor time variance c) total direct labor variance Overhead variances a) variable overhead controllable variance b) fixed overhead volume variance c) total overhead variance ALL CALCULATIONS MUST BE SHOWN BE SURE TO INDICATE IF THE VARIANCE IS FAVORABLE OR UNFAVORABLE