The following direct materials and direct labor data pertain to the oprations of Laurel Company for the month of August. Costs Actual labor rate Actual materials price Standard labor rate Standard materials price $16 per hour $110 per ton 15.50 per hour $112 per ton Quantities Actual hours incurred and used Actual quantity of materials purchased and used Standard hours used Standard quantity of materials used 4,500 hours 1,100 tons 4,540 hours 1,085 ton:s Compute the total, price, and quantity variances for materials and labor. Total materials variance Materials price variance Materials quantity variance Total labor varianc Labor price variance Labor quantity variance S