During June, Danby Company’s material purchases amounted to 6,000 pounds at a price of $7.30 per pound. Actual costs incurred in the production of 2,000 units were as follows:

Direct labor: $116,745 ($18.10 per hour)
Direct material: $30,660 ($7.30 per pound)

The standards for one unit of Danby Company’s product are as follows:

Direct labor: Direct material:
Quantity, 3 hours per unit Quantity, 2 pounds per unit Rate, $18 per hour Price, $7 per pound Required: Compute the direct-material price and quantity variances, the direct-material purchase price variance, and the direct-labor rate and efficiency variances. Indicate whether each variance is favorable or unfavorable.