Calculate Variances The following summary data relate to the operations of Dobson Company for April, during which 9,000 finished units were produced. Normal monthly capacity was 20.000 direct labor hours. Standard Units Costs Total Actual Costs Direct material Standard (416.16.20/10 524.80 Actual 38,000 lb. 56.00/10) 5228,000 Direct labor Standard (2 hrs. 515) $30 Actual (18,500 hrs. $15.30/hr.) 283,050 Variable overhead Standard (2 hrs 5700/ 114 Actual 126,500 Total 56880 $637.950 Determine the following variances: Do not use negative signs with any of your answers. Next to each variance answer, select either "F" for Favorable or "U" for Unfavorable. Materials Variances Actual cost Split cost: $ Standard cost: Materials price Materials efficiency 5 $ $ $ Labor Variances $ $ Actual cost Split cost: Standard cost Labor rate Labor efficiency $ $ Variable Overhead Variances Actual cost Split cost $ Standard cost 5 Variable overhead spending S Variable overhead efficiency S