Do It! Review 23-3 The standard cost of product 5252 includes 1.90 hours of direct labor at $15.70 per hour. The predetermined overhead rate is $22.00 per direct labor hour. During July, the company incurred 4,000 hours of direct labor at an average rate of $16.00 per hour and $81,500 of manufacturing overhead costs. It produced 2,000 units. Compute the total, price, and quantity variances for labor.

Total labor variance $

Labor price variance $

Labor quantity variance $

(b) Compute the total overhead variance: