SOURCES ded The purchasing department buys the quantities of raw materials that are expected to be used in production each month. Raw materiais Inventories, therefore (a) Compute all of the materials and labor variances. - 24-03 7 1A Total materials variance Materials price variance Es by Study Materials quantity variance Total labor variance Labor price variance Labor quantity variance (b) Compute the total overhead variance Total overhead variance Click if you would like to Show Work for this questions Open Show Work