Moates Corporation makes a product with the following standard costs: Standard Quantity or Hours Direct materials Direct labor Variable overhead 4.0 kilos 0.3 hours 0.3 hours Standard Price or Rate $1.10 per kilo $21.10 per hour $6.10 per hour In January, the company produced 5,900 units using 24,720 kilos of the direct material and 1,720 direct labor-hours. During the month, the company purchased 27,000 kilos of the direct material at a total cost of $35,400. The actual direct labor cost for the month was $34,010 and the actual variable overhead cost was $9,387. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. (Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole dollar.) Required: a. Compute the materials quantity variance. Materials quantity variance b. Compute the materials price variance. Materials price variance C. Compute the labor efficiency variance Labor efficiency variance