Waterway Corporation accumulates the following data refative to jobs started and finished during the month of June 2022. Overhead is applied on the basis of standard machine hours. Three hours of machline time are required for each direct labor hour, The fobs were sold for $489,000 Selling and administrative expenses were $35,800. Assume that the amount of raw materials purchased equaled the amount used Compute all of the variances for (1) direct materials and (2) direct labor. (Round per unit values to 2 decimal places, e.8. 52.75 and finat answers to 0 decimal places, e.8. 52.) (1) Total materials variance Materials price variance Materials quantity variance $ (2) Total labor variance Labor price variance Labor quantity variance