Rudd Clothiers is a small company that manufactures tall-men's suits. The company has used a standard cost accounting system. In May 2020, 10,200 suits were produced. The following standard and actual cost data applied to the month of May when normal capacity was 17,500 direct labor hours. All materials purchased were used. Cost Element Actual Direct materials Standard (per unit) 6 yards at $4.00 per yard 1.10 hours at $13.00 per hour 1.10 hours at $6.30 per hour (fixed $3.80; variable $2.50) Direct labor $234,840 for 61,800 yards ($3.80 per yard) $158,536 for 11,920 hours ($13.30 per hour) $49,000 fixed overhead $36,500 variable overhead Overhead Overhead is applied on the basis of direct labor hours. At normal capacity, budgeted fixed overhead costs were $66,500, and budgeted variable overhead was $43,750. (a) Compute the total, price, and quantity variances for (1) materials and (2) labor. (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to o decimal places, e.g. 52.) (1) Total materials variance $ Materials price variance $ Materials quantity variance $ (2) Total labor variance $ Labor price variance $ Labor quantity variance (b) Compute the total overhead variance. Total overhead variance $