The standard cost sheet for one unit of product manufactured by LA Connection Company shows the following for material and direct labor: Material4 pieces @ $5.00 $20.00 Direct labor10 hours @ $4.00 40.00 Standard capacity is 5,000 standard productive hours per month. At this volume, budgeted overhead costs are: fixed, $10,000; variable $5,000. During a month in which 570 units were completed, the following costs were incurred (materials inventory is carried at standard cost): Purchases of material 2,400 pieces @$4.95 Materials issued 2,300 pieces Direct labor payroll 5,600 hours @ $4.50 Overhead costs: Fixed $10,100 Variable 5,800 $15,900 Required Determine the Direct Material variances; the Direct Labor variances; and Overhead variances under Four-way, Three-way, Two- way, and One-way variance analysis.