The following data relates to Hertz Corporation's operations for the month. Hertz produced 8,500 units and the normal monthly capacity is 20,000 direct labor hours. Direct Material: Standard (5 lbs. @ $2.10/lb.) Actual (39,000 lbs. @ $2.20/lb.) Direct Labor: Standard (2 hrs. @ $12/hr.) Actual (18,000 hrs. @ $11.90/hr.) Variable Overhead: Standard (2 hrs. @ $4.00/hr.) Actual $69,700 Use fork diagrams to calculate the following variances: 1)Materials price variance 2)Materials efficiency variance 3)Labor rate variance 4)Labor efficiency variance 5)Variable overhead spending variance 6)Variable overhead efficiency variance