Could you help with explanations?

Provide an explanation for each following variance you calculated.

1-Direct material price variance.

2-Direct material quantity variance.

3.Direct labor rate variance.

4.Direct labor efficiency variance.

5.Variable overhead spending variance.

6.Variable overhead efficiency variance.

7.Fixed overhead spending variance.

Stratton, Ltd. manufactures shirts, which it sells to customers for embroidering with various slogans and emblems. The standard cost card for the shirts is as follows. Direct materials Direct labor Variable overhead Fixed overhead Standard Price $3 per yard $14 per DLH $3.20 per DLH $3 per DLH Standard Quantity 2 yards 0.75 DLH 0.75 DLH 0.75 DLH Standard Cost $6.00 10.50 2.40 2.25 $21.15 Sandy Robison, operations manager, was reviewing the results for November when he became upset by the unfavorable variances he was seeing. In an attempt to understand what had happened, Sandy asked CFO Suzy Summers for more information. She provided the following overhead budgets, along with the actual results for November The company purchased 82,000 yards of fabric and used 93,700 yards of fabric during the month. Fabric purchases during the month were made at $2.80 per yard. The direct labor payroll ran $457,375, with an actual hourly rate of $12.50 per direct labor hour. The annual budgets were based on the production of 600,000 shirts, using 450,000 direct labor hours. Though the budget for November was based on 45,000 shirts, the company actually produced 42,500 shirts during the month. Indirect material Indirect labor Equipment repair Equipment power Total Variable Overhead Budget Annual Budget Per Shirt November-Actual $720,000 $1.20 $52,900 450,000 0.75 31,400 180,000 0.30 13,700 90,000 0.15 6,500 $1,440,000 $2.40 $104,500