DEF Ltd manufactures a product with the following standard costs: Direct materials $90 per unit, Direct labor $75 per unit, and Factory overhead (based on direct labor hours, 16 hours per unit) $55 per unit. During October, the company produced 18,000 units. Actual costs were: Direct materials $1,200,000, Direct labor $1,000,000, and Factory overhead $720,000. Calculate the total variance and break it down into material, labor, and overhead variances.