XYZ Manufacturing's standard cost card for one unit of product includes: Direct materials $80, Direct labor (12 hours at $25 per hour), and Factory overhead (based on direct labor hours, 12 hours per unit). During December, the company produced 6,000 units, and actual costs were: Direct materials $480,000, Direct labor $720,000, and Factory overhead $720,000. Calculate the total variance and break it down into material, labor, and overhead variances.