Soriano Manufacturing Company uses a standard cost accounting system to account for the manufacturing of exhaust fans. In July 2020, it accumulates the following data for 1,550 units started and finished: Actual Standard 21,400 Cost and Production Data Raw materials Units purchased Units used Unit cost Direct labour 21.400 21.800 $3.60 $3.20 Hours worked 3.500 3.700 $11.75 $12.05 Hourly rate Manufacturing overhead Incurred Applied $100,900 $118.400 Manufacturing overhead was applied based on direct labour hours. Normal capacity for the month was 3.400 direct labour hours. At normal capacity, budgeted overhead costs were $22 per labour hour variable and $10 per labour hour fixed. Total budgeted fixed overhead costs were $34.000. Jobs finished during the month were sold for $282,500. Selling and administrative expenses were $24,600. Calculate all of the variances for direct materials and direct labour. Total materials variance $ $