Costs $13 per hour Actual labor rate Actual materials price $270 per ton Standard labor rate $12.50 per hour Standard materials price $272 per ton Quantities Actual hours incurred and used 3,700 hours Actual quantity of materials purchased and used 1,100 tons Standard hours used 3,740 hours Standard quantity of materials used 1,075 tons (a) Compute the total, price, and quantity variances for materials and labor. Total materials variance $ Materials price variance $ 69 Materials quantity variance Total labor variance Labor price variance Labor quantity variance 2200 Favorable 6800 Unfavorable 69 $ 4600 Favorable $ 1850 Unfavorable 69 69 500 Favorable 1350 Unfavorable