Dillard, Inc., has developed the following standard cost data based on a denominator volume of 60,000 direct labor hours (DLHs). Budgeted fixed overhead is $360,000 and budgeted variable overhead is $180,000 at this level of activity.

Direct material (3 lbs. @ $2.00/lb.)	$6.00
Direct labor (0.5 hrs. @ $8.00/hr.)	4.00
Factory overhead (0.5 hrs. @ $9.00/hr.)	4.50
Total standard cost per unit	$14.50

During the last period, the company used 48,000 DLHs to produce 128,000 units. It incurred the following manufacturing costs:

Actual costs incurred:
Direct material (380,000 lbs.)	$779,000
Direct labor (63,000 hrs.)	507,150
Variable overhead	220,000
Fixed overhead	365,000

Required: Determine all variances for direct materials, direct labor, and factory overhead. Use a 4-variance breakdown (decomposition) of the total overhead variance for the period. Assume that the direct materials price variance is calculated at point of production, not point of purchase. Note: this problem requires knowledge from Chapter 14. Show all necessary calculations.