The following direct materials and direct labor data pertain to the operations of Laurel Company for the month of August. Costs Actual labor rate $13 per hour Actual materials price $290 per ton Standard labor rate $12.50 per hour Standard materials price $292 per ton Quantities Actual hours incurred and used 4,200 hours Actual quantity of materials purchased and used 1,000 tons Standard hours used 4,290 hours Standard quantity of materials used 990 tons (a) Compute the total, price, and quantity variances for materials and labor. Unfavorable Total materials variance Materials price variance $ $|| (2920) Unfavorable 0 Materials quantity variance 920 Unfavorable 0 Total labor variance (2100) Unfavorable 0 Labor price variance (1125) Favorable 0 Labor quantity variance (975) Unfavorable 0