Hart Labs, Inc, provides mad cow disease testing for both state and federal novernmental agricultural agencies, Bocause the company's customers are governmental agencies prices are strictly renulated, Therefore. Hart Labs must constantly monitor and control its testing costs, Shown below are the standard costs for a typical test. The lab does not maintain an inventory of test tubes. As a rosult the tubes purchased each month are ssed that month. Actual activity for the month of November 2020. when 1.300 tests were conducted, resulted in the following Monthly budgeted fwed everhead is $18,460. Revenues for the month were $84,500, and selling and admiristrative expenses were $3.600 (a) Compute the price and quantity variances for divect materials and direct labor. Materials price variance \( \$ \longdiv { 1 6 3 8 } \) Unfavorable Materials quantity variance \( \$ \longdiv { 1 3 0 } \) Unfworable Labor price variance Favorable: Labor quantity variance ist of Accounts Attempts: 1 of 1 used Using multiple attempts will impact your score. 10% score reducuonaiter attempt 1 (b) Compute the total overhead variance. Total Overhead variance $ List of Accounts Sinvitor citeri Attempts: 0 of 1 used Submit Answer Using multiple attempts will impact your score. 10 si score reduction after attempt 1