The following direct materials and direct labor data pertain to the operations of Laurel Company for the month of August. Costs Actual labor rate $14 per hour Actual materials price $248 per ton Standard labor rate $13 per hour Standard materials price $251 per ton Quantities Actual hours incurred and used 3,848 hours Actual quantity of materials purchased and used 1,143 tons Standard hours used 3,904 hours Standard quantity of materials used 1,129 tons. Compute the total, price, and quantity variances for materials and labor.