The following direct materials and direct labor data pertain to the operations of Laurel Company for the month of August. Costs Actual labor rate $12 per hour Actual materials price $251 per ton Standard labor rate $11 per hour Standard materials price $253 per ton Quantities Actual hours incurred and used 3,760 hours Actual quantity of materials purchased and used 1,008 tons Standard hours used 3,824 hours Standard quantity of materials used 989 tons Compute the total, price, and quantity variances for materials and labor. Total materials variance $ Materials price variance $ Materials quantity variance $ Total labor variance $ Labor price variance $ Labor quantity variance $