Last year, Jeffrey company budgeted for production and sale of 5060 neebles. Actual production and sales was 4600 neebles for $864 each. Each item was budgeted to use 2 direct labor hour(s) and 10 cubic inch(s) of material. Jeffrey expected to pay $6.00 per cubic inch and $18.00 per hour. Jeffrey does not keep any raw materials inventory. Actual production required the following: 41400 cubic inchs at $5.40 per cubic inch 8280 hours at $21.60 per hour ******************************* Compute and label each of the following variances. Just do the labels on paper. Materials price variance = Materials usage variance = Labor rate variance = Labor efficiency variance =