Fortes Inc. has provided the following data concerning one of the products in its standard cost system. Materials price variances is calculated on material purchased and material quantity is based on Material used in production Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Sunderd Quantity or Hours per Inputs Unit of Output Standard Price or at Direct materials ounces $ 6.60er Ource Direct labor 0.6 hours $ 24.80 per hour 85 Variable manufacturing Uverhead 0.60 hours $ 4.90per hour The company has reported the following actual results for the product for Aaril: Enter al numbers as positive and rounded to the nearest dollar Actual output 6100units Raw materials purchased 48.700ounces Artual cast of raw materials nurchased $ 309010 51.860ounces Raw materials used in production Actual direct labor Fours Attual direct lauor cost Actual variable overhead cost $ $ 336 hours 86.810 15.717 Required: Materials orice variance Materials quantity variance Labor rate variance Laboreticiency variance Variable overhead rale venience Variable overhead efficency wariance