Hector Company has developed the following standard costs for its product for 2019: The company expected to produce 30,000 units of Product A in 2020 and work 90,000 direct labor hours. Actual results for 2020 are as follows: - 31,000 units of Product A were produced. - Actual direct labor costs were $746,200 for 91,000 direct labor hours worked. - Actual variable overhead incurred was $155,000 and actual fixed overhead incurred was $205,000. Compute the following variances showing all computations to support your answers. Indicate whether the variance are favorable or unfavorable