XO-20 is an oil-based product used to remove rust on bolts and nuts that are stuck. Its accounting system uses standard costs. The standards per 0.50-liter can of solution call for 0.72 liters of material and 4 hours of labor. (0.72 liters of material are needed due to evaporation in the production process.) The standard cost per liter of material is $2.40. The standard cost per hour for labor is $14.00. Overhead is applied at the rate of $14.72 per can. Expected production is 8,500 cans with fixed overhead per year of $20,570 and variable overhead of $12.30 per unit (a 0.50-liter can). During 2018, 7,000 cans were produced; 13,500 liters of material were purchased at a cost of $63,450; 9,600 liters of material were used in production. The cost of direct labor incurred in 2018 was $399,300, based on an average actual wage rate of $11 per hour. Actual overhead for 2018 was $136,400.

Calculate material, labor, and overhead variances. (Round intermediate calculations to 2 decimal places, e.g. 14.37 and final answers to 0 decimal places, e.g. 125. Enter all variances as a positive number.)

Material Price Variance Material Quantity Variance Labor Rate Variance 108900 Favorable Labor Efficiency Variance 116200 Favorable Controllable Overhead Variance Overhead Volume Variance Favorable