DEF Ltd manufactures a product with the following standard costs: Direct materials $55 per unit, Direct labor $45 per unit, and Factory overhead (based on direct labor hours, 9 hours per unit) $35 per unit. During August, the company produced 10,000 units. Actual costs were: Direct materials $500,000, Direct labor $400,000, and Factory overhead $300,000. Calculate the total variance and break it down into material, labor, and overhead variances.