Concord Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials-1 pound plastic at $6.00 per pound $6.00 Direct labor-1.5 hours at $11.40 per hour 17.10 Variable manufacturing overhead 9.75 Fixed manufacturing overhead 11.25 Total standard cost per unit $44.10 The predetermined manufacturing overhead rate is $14.00 per direct labor hour ($21.00 + 1.5). It was computed from a master manufacturing overhead budget based on normal production of 7,650 direct labor hours (5,100 units) for the month. The master budget showed total variable costs of $49,725 ($6.50 per hour) and total fixed overhead costs of $57,375 ($7.50 per hour). Actual costs for October in producing 3,300 units were as follows. Direct materials (3,430 pounds) $21,266 Direct labor (4,830 hours) 56,511 Variable overhead 49,894 Fixed overhead 21.706 Total manufacturing costs $149,377 The purchasing department buys the quantities of raw materials that are expected to be used in production each month. Raw materials inventories, therefore, can be ignored. (a) Compute all of the materials and labor variances. Total materials variance $ Materials price variance $ Materials.ua Materials quantity variance $ Total labor variance $ Labor price variance $ Labor quantity variance $ (b) Compute the total overhead variance Total overhead variances