Golden Food Products produces special$-$formula pet food. The company carries no inventories. The master budget calls for the company to manufacture and sell $129,000$ cases at a budgeted price of $$60$ per case this year. The standard direct cost sheet for one case of pet food follows: Direct materials $(3$ pounds @ $$2)$ $ $6$ Direct labor $(0\mathrm{.}25$ hours @ $$32)8$ Variable overhead is applied based on direct labor$-$hours. The variable overhead rate is $$16$ per direct labor$-$hour. The fixed overhead rate $($at the master budget level of activity$)$ is $$10$ per unit. All nonmanufacturing costs are fixed and are budgeted at $$2\mathrm{.}2$ million for the coming year. At the end of the year, the costs analyst reported that the sales activity variance for the year was $$336,000$ favorable. The following is the actual income statement $($in thousands of dollars$)$ for the year for Golden Food Products: Sales revenue $ $16,800$ Less variable costs Direct materials $836$ Direct labor $1,028$ Variable overhead $551$ Total variable costs $ $2,415$ Contribution margin $ $14,385$ Less fixed costs Fixed manufacturing overhead $2,410$ Nonmanufacturing costs $2,143$ Total fixed costs $ $4,553$ Operating profit $ $9,832$ During the year, the company purchased $329,000$ pounds of material and employed $35,020$ hours of direct labor. Required: Compute the direct materials price and efficiency variances. Compute the direct labor price and efficiency variances. Compute the variable overhead price and efficiency variances