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 0.78 liters of material and 4 hours of labor. (0.78 liters of material are needed due to evaporation in the production process.) The standard cost per liter of material is $2.70. The standard cost per hour for labor is $14.00. Overhead is applied at the rate of $16.06 per can. Expected production is 8,800 cans with fixed overhead per year of $44,528 and variable overhead of $11.00 per unit (a 0.50-liter can). During 2018, 8,400 cans were produced; 12,000 liters of material were purchased at a cost of $56,400; 9,800 liters of material were used in production. The cost of direct labor incurred in 2018 was $370,800, based on an average actual wage rate of $12 per hour. Actual overhead for 2018 was $136,100.

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 variances Labor Rate Variance ni " I PODODD Labor Efficiency Variance Controllable Overhead Variance s Overhead Volume Variance