Crane Clothiers is a small company that manufactures tall-men's suits. The company has used a standard cost accounting system. In May 2022, 9,000 suits were produced. The following standard and actual cost data applied to the month of May when normal capacity was 11,200 direct labor hours. All materials purchased were used. Cost Element Standard (per unit) Actual Direct materials 8.0 yards at $4.40 per yard $300,460 for 72.400 yards ($4.15 per yard) Direct labor 1.2 hours at $13.40 per hour $160.740 for 11,400 hours ($14 10 per hour) Overhead 1.2 hours at $6.10 per hour (fixed $3.50. Variable $2.60) $39 200 fixed overhead $29.600 variable overhead Overhead is applied on the basis of direct labor hours. At normal capacity, budgeted fixed overhead costs were $39.200, and budgeted variable overhead was $29.120. (a) Compute the total price and quantity variances for (1) materials and (2) labor. (Round per unit values to 2 decimal places, eg. 52.75 and final answers to 0 decimal places, eg. 52.) (1) Total materials variance $ Materials price variance $ Materials quantity variance $ (2) Total labor variance $ Labor price variance $ Labor quantity variance $ (b) Compute the total overhead variance Total overhead variance $