own BTW The following information is for the standard and actual costs for Johnson Corporation: Standard Costs: Budgeted units of production 16,000 [80% (or normal) capacity Standard labor hours per unit 4 Standard labor rate $26 per hour Standard material per unit 8 lbs. Standard material cost S12 per pound Standard variable overhead rate $15 per labor hour Budgeted fixed overhead $640,000 Fixed overhead rate is based on budgeted labor hours at 80% (or normal) capacity. Actual Costs: Actual production 16,500 units Actual material purchased and used 130,000 pounds Actual total material cost $1,600,000 Actual labor 65,000 hours Actual total labor costs $1,700,000 Actual variable overhead $1,000,000 Actual fixed overhead $640,000 Determine (a) the direct materials quantity variance, price variance, and total cost variance; (b) the direct labor time variance, rate variance, and total cost variance; and (c) the factory overhead volume variance, controllable variance, and total factory overhead cost variance. (Please show all calculations to receive full credit. Note: Do not round interim calculations.) (a) Direct material Quantity variance