Seuss company budget contains the following standards Material 2 pounds @.50 per pound per unit of output Direct labor 1 hour at 9.00 per unit of output Although the firm budgeted 100,000 units of output for June it produced only 97,810. It purchased and used 200,000pounds of materials for $105,500 direct labor cost were $905,000.for 99,200 hours. Compute the materials variance and compute the labor variance