XYZ Ltd produces a product with the following standard costs: Direct materials $25 per unit, Direct labor $20 per unit, and Factory overhead (based on machine hours, 4 hours per unit) $15 per unit. During June, the company produced 5,000 units. Actual costs were: Direct materials $130,000, Direct labor $100,000, and Factory overhead $75,000. Calculate the total variance and break it down into material, labor, and overhead variances.