Sakelaris Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direct materials 8.5 kilos $ 6.00 per kilo Direct labor 0.4 Hours $ 11.00 per hour Variable overhead 0.4 hours $ 5.00 per hour The company reported the following results concerning this product in August Actual output 8.100 units Raw materials used in production 71.750 kilos Purchases of raw materials 76.900 kilos Actual direct labor-hours. 3.320 Hours Actual cost of raw materials purchases 5169.090 Actual direct labor cost 5 35.524 Actual variable overhead cost $17.928 That conpany applies variable overhead on the basis of direct latar hours. The direct materials burchases variance is computed when the materials are purchased. Required: . Comote the materials quantity variance b. Compute the materiah pelce variance. Compute the labor efficiency varlance, . Compute the labor rate variance - Compute the variable overlede variance Comuut the variable overate variance