The following direct materials and direct labor data pertain to the operations of Axelrod Company for the month of August 2020. Costs Quantities Actual labor rate $13 per hour Actual hours incurred and used 4,150 hours Actual materials price $128 per ton Actual quantity of materials purchased and used 1,220 tons Standard labor rate $12.50 per hour Standard hours used 4,300 hours Standard materials price $130 per ton Standard quantity of materials used 1,200 tons Instructions: A. Compute the total, price, and quantity variances for materials and labor