Direct material ................3 pounds@4/pound = $12 per unit Direct labor.....................2 hours @ $8/hour= $16 per unit Variable overhead............. 2 hours @ $5/hour= $ 10 per unit Actual production figures for the past year were as follows: Units produced .............500 Direct material used .............1,600 pounds Direct material purchased (3,000 pounds)...$12,300 Directed labor cost (950 hours).....$7,790 Variable overhead cost incurred........$4,655 The materials price variance is: The materials quantity variance is: The labor rate variance is: The labor efficiencey variance is: The variable overhead spending variance The variable overhead efficiency variance is