Rudd Clothiers is a small company that manufactures tall-men's suits. The company has used a standard cost accounting system In May 2020. 10,000 suits were produced. The following standard and actual cost data applied to the month of May when norma! capacity was 14:500 direct labor hours, All materials purchased were used. Overhead in applied on the basis of direct labor hours. At normal capacity, tudgeted fixed overhead costs were 552,200 and budigeted variable civeitesd was 540,600 (a) Campute the total, price, and uuantity variances for (1) materials and (2) labor, shound per imit waver to 2 decimal plocos, 5.52 .75 and finalanterra to 0 ofelmal ploces, es. 5 ..) (1) Total materialswarlance Cempute the tatal, price, and quantity variarices far (1) imaterials and (2) labor iRound per unit voluer to 2 decimal places, es. 52.75 ord final artswen to 0 decimal placeck es 52 . Rudd Clothiers is a small company that manufactures tall-men's suits. The company has used a standard cost accounting system In May 2020. 10,000 suits were produced. The following standard and actual cost data applied to the month of May when norma! capacity was 14:500 direct labor hours, All materials purchased were used. Overhead in applied on the basis of direct labor hours. At normal capacity, tudgeted fixed overhead costs were 552,200 and budigeted variable civeitesd was 540,600 (a) Campute the total, price, and uuantity variances for (1) materials and (2) labor, shound per imit waver to 2 decimal plocos, 5.52 .75 and finalanterra to 0 ofelmal ploces, es. 5 ..) (1) Total materialswarlance Cempute the tatal, price, and quantity variarices far (1) imaterials and (2) labor iRound per unit voluer to 2 decimal places, es. 52.75 ord final artswen to 0 decimal placeck es 52