Lily Clothiers is a small company that manufactures tall-men's suits. The company has used a standard cost accounting system. In May 2022, 10,500 suits were produced. The following standard and actual cost data applied to the month of May, when normal capacity was 14,500 direct labor hours. All materials purchased were used. Cost Element Standard (per unit) Direct materials 9 yards at $4.50 per yard Actual $419,320 for 95,300 yards ($4.40 per yard) Direct labor 1.10 hours at $14.00 per hour $173,745 for 12,150 hours ($14.30 per hour) Overhead 1.10 hours at $6.30 per hour (fixed $3.70; variable $2.60) $49,100 fixed overhead $37.500 variable overhead Overhead is applied on the basis of direct labor hours. At normal capacity, budgeted fixed overhead costs were $53,650, and budgeted variable overhead was $37,700. (a) Compute the total, price, and quantity variances for (1) materials and (2) labor. (Round per unit values to 2 decimal places, eg. 52.75 and final answers to O decimal places, eg. 52)