Hart Labs, Inc. provides mad cow disease testing for both state and federal governmental agricultural agencies. Because the company's customers are governmental agencies, prices are strictly regulated. Therefore, Hart Labs must constantly monitor and control its testing costs. Shown below are the standard costs for a typical test. $2.40 31.00 Direct materials (2 test tubes @ $1.20 per tube) Direct labor (1 hour @ $31 per hour) Variable overhead (1 hour @ $6.00 per hour) Fixed overhead (1 hour @ $12.00 per hour) Total standard cost per test 6.00 12.00 $51.40 The lab does not maintain an inventory of test tubes. As a result, the tubes purchased each month are used that month. Actual activity for the month of November 2020, when 1,200 tests were conducted, resulted in the following. Direct materials (2,520 test tubes) $2.772 Direct labor (1,236 hours) 37.080 Variable overhead 6,696 Fixed overhead 13,776 Monthly budgeted fixed overhead is $17,400. Revenues for the month were $79,200, and selling and administrative expenses were $4,800. Compute the price and quantity variances for direct materials and direct labor. Materials price variance ta 252.00 Favorable Materials quantity variance ta 144.00 Unfavorable Labor price variance ta 1236.00 Favorable Labor quantity variance ta 1116.00 Favorable e Textbook and Media Assistance Used List of Accounts Assistance Used Compute the total overhead variance. Total Overhead variance $