Direct materials-1 pound plastic at $6.00per pound Direct labor-2.0 hours at $12.20 per hour Variable manufacturing owerhead Fixed manufacturing overhead Total standard cost per unit $6.00 2440 15.00 13.00 $58.40 The predetermined manufacturing overhead rate is $14.00 per direct labor hour ($28.00 2.0 Itwas computed from a master manufacturing overhead budget based on normal production of 10,000 direct labor hours (5,000 units) for the month. The master budget showed total variable costs of $75,000$7.50 per hour) and total foxed overhead costs of $65,000 $6.50 per hour). Actual costs for October in producing 3.400 units were as follows. Direct materials (3,600 pounds) 22,320 Direct labor (6,650 hours) Variable owerhead Fixed ovwerhead 83,790 66,638 30,462 $203,210 Total manufacturing costs The purchasing department buys the quantities of raw materials that are expected to be used in production each month. Raw materials inventories, therefore, can be ignored Compute all of the materials and labor variances Total materials varianc Materials price variance Materials quantity variance $ Total labor variance Labor price varianoe Labor quantity variance $ Compute the total owerhead variance Total overhead variance$