Problem 23-3A Rudd Clothiers is a small company that manufactures tall-men's suits. The company has used a standard cost accounting system. In May 2017, 10,000 suits were produced The following standard and actual cost data applied to the month of May when normal capacity was 14,000 direct labor hours. All materials purchased were used Standard (per unit) Actual Cost Element Direct materials Direct labor Overhead 10 yards at $4.40 per yard 1.20 hours at $13.00 per hour 1.20 hours at $6.20 per hour (fixed $3.70; variable $2.50) $428,825 for 100,900 yards ($4.25 per yard) $168,840 for 12,600 hours ($13.40 per hour) $48,600 fixed overhead $37,500 variable overhead Overhead is applied on the basis of direct labor hours. At normal capacity, budgeted fixed overhead costs were $51,800, and budgeted variable overhead was $35,000 Compute the total, price, and quantity variances for (1) materials and (2) labor. (Round answers to O decimal places, e.g. 125.) (1) Total materials variance Materials price variance Materials quantity variance (2) Total labor variance Labor price variance Labor quantity variance Compute the total overhead variance Total overhead variance