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DEF Ltd manufactures a product with the following standard costs: Direct materials $35 per unit, Direct labor $30 per unit, and Factory overhead (based on

DEF Ltd manufactures a product with the following standard costs: Direct materials $35 per unit, Direct labor $30 per unit, and Factory overhead (based on direct labor hours, 6 hours per unit) $25 per unit. During June, the company produced 6,000 units. Actual costs were: Direct materials $210,000, Direct labor $180,000, and Factory overhead $150,000. Calculate the total variance and break it down into material, labor, and overhead variances.

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