Hiroole Products operates a small plant in New Mexico that produces dog food in batches of 1.500 pounds. The product sells for $6 per pound. Standard costs for 2021 are: Standard direct labor cost-$15 per hour Standard direct labor hours per batch - 10 hours Standard price of material A$0.35 per pound Standard pounds of material A per batch - 751 pounds Standard price of material 8 - $0.55 per pound Standard pounds of material B per batch - 240 pounds Fixed overhead cost per batch - $520 At the start of 2021, the company estimated monthly production and sales of 48 batches. The company estimated that all overhead costs were fixed and amounted to $25.000 per month. During the month of June 2021 (typically a somewhat slow month). 40 batches were produced (not an unusual level of production for June). The following costs were incurred: Direct labor costs were $7.110 for 440 hours, 34.900 pounds of material Acosting $8,376 were purchased and used. 11.700 pounds of material B costing $5.967 were purchased and used. Fixed overhead of $23.100 was incurred. Calculate variances for material, labor and overhead. (Round intermediate calculations to 2 decimal places. 4 162 and final answers to O decimal places, 03. 125. Enter all variances as a positive number.) Material Price Varlance (Material A) $ Neither Unfavorable por favorable Material Price Variance (Material B) $ Unfavorable Favorable Material Quantity Variance (Material A) $ Material Quantity Variance (Material B) $ Labor Rate Variance 5 > > Labor Efficiency Variance $ Controllable Overhead Variance >> Overhead Volume Variance Prepare a summary of the variances (Enter unfavorable variances using either a negative sign preceding the number eg. -45 or parentheses eg. (45)) Material Price Variance (Material A) $ Material Price Variance (Material B) Material Quantity Variance (Material A) Material Quantity Variance (Material B) Labor Rate Variance Labor Efficiency Variance Controllable Overhead Variance Overhead Volume Variance Total