Smyer Corporation makes a product with the following standard costs: Standard Standard Quantity or Cost Per Hours Standard Price or Rate Unit Direct materials 7.1 pounds $5.00 per pound $35.50 Direct labor 0.8 hours $17.00 per hour $13.60 Variable overhead 0.8 hours $7.00 per hour $5.60 The company reported the following results concerning this product in July. Originally budgeted output Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price of raw materials Actual direct labor rate Actual variable overhead rate 4,700 units 4,500 units 34,150 pounds 3,610 hours 36,500 pounds $5.10 per pound $18.10 per hour $6.70 per hour The materials price variance is recognized when materials are purchased. Variable overhead is applied on the basis of direct labor-hours. Required: Using either the charts below or formula's. calculate the following. a. Compute the materials quantity variance. b. Compute the materials price variance. c. Compute the labor efficiency variance. d. Compute the labor rate variance. e. Compute the variable overhead efficiency variance. f. Compute the variable overhead rate variance. g. Compute the total materials variance h. Compute the total labor variance i. Compute the total variable overhead variance