During June HASF company material purchases amounted to 5,000 pounds at a price of 7.30 per pound. Actual costs incurred in the production of 5,000 units were as follows Direct labor 50,000 @18.10 per hour Cost of Material used 35, 770 The standards for one units of company product are as follows Compute the following Material variance Material quantity variance Material price variance Labor variance Labor rate variance Labor hour variance