LO $8\mathrm{.}5$ Use the following standard cost card for $1$ gallon of ice cream to answer the questions.

$\backslash$table$[[$STANDARD COST CARD,$],[$Product: Gallon of Ice Cream,,,,$],[\backslash$table$[[$Manufacturing$],[$Cost Information$]],\backslash$table$[[$Standard$],[$Quantity$]],,\backslash$table$[[$Standard Cost$],[$per Unit$]],\backslash$table$[[$Cost$],[$Summary$]]],[$Direct Materials,,,,$],[$Cream$,6$ quarts,$$1\mathrm{.}00$ per quart,$$6\mathrm{.}00,],[$Sugar$,15$ ounces,$$0\mathrm{.}07$ per ounce,$$1\mathrm{.}05,],[$Direct Labor,$3$ minutes,$$38\mathrm{.}00$ per hour,$$1\mathrm{.}90,],[$Total Direct Costs,,,$$8\mathrm{.}95,]]$

Actual direct costs incurred to make $50$ gallons of ice cream:

$275$ quarts of cream at $$1\mathrm{.}05$ per quart

$832$ ounces of sugar at $$0\mathrm{.}075$ per ounce

$165$ minutes of labor at $$37$ per hour

All materials used were bought during the current period.

A$.$ Compute the material and labor variances.

B$.$ Comment on the results and possible causes of the variances.