Standard costs were developed for one of the products of Wiley Corporation. Standard costs per unit for Direct Materials and Direct Labor were as follows:

Materials: 5 feet x $16.75 per foot $ 83.75

Direct labor: 8 hours x $10 per hour 80.00

The following actual information is available regarding the company's operations for the period:

Units produced: 11,000

Materials purchased and used: 50,000 feet @ $14.25 per foot

Direct labor: 96,000 hours costing $960,000

Manufacturing overhead actually incurred:

Variable $810,000

Fixed $1,200,000

Manufacturing overheads cost driver is direct labor hours. Total budgeted manufacturing overhead for the period is $1,500,000 (of which $600,000 is variable) and the standard fixed and variable overhead rates are based on expected capacity of 80,000 direct labor hours.

Required: Calculate all the direct materials, direct labor and overhead variances (there should be eight variances in total). Note: Expected capacity in units = 80,000 hours/8 hours per unit = 10,000 units