Calculate the price and quantity variance for both materials and labor, given the following information: Alpha produces computers and provides you the following information: DIRECT MATERIALS Plastic: 2.5 pounds of plastic per computer is needed Plastic costs $10 per pound Circuitry systems: 2 circuitry systems per computer are needed Circuitry systems cost $100 per system. LABOR: Technician: hour A technician works 10 hours per computer, making $25 per Engineer: An engineer works 5 hours per computer making $30 per hour RESULTS: During the year, Alpha produces 10,000 computers and incurs the following: DIRECT MATERIALS: Plastic used: Plastic cost: 25,150 pounds $245,212.50 Circuitry systems: 20,100 systems used Circuitry systems: $1,994,925 DIRECT LABOR: Technician time: 99,700 hours Technician cost: $2,472,560 Engineer time: Engineer cost: 50,200 hours $1,511,020