11. Loxelle Corporation has set the following standards for production:

Direct materials: 20 gallons at $3 per gallon Direct labor: 4 hours at $8.50 per hour Loxelle yy Budgeted fixed costs at $200,000 yy Applies variable overhead at a rate of $4 per direct labor hour yy Produced and sold 10,000 units this year for $155 per unit yy Budgeted to produce and sell 11,000 units this year for $150 per unit yy Purchased and used 210,000 gallons of direct materials for $2.80 per gallon yy Paid $342,000 for 38,000 hours of direct labor yy Spent $200,000 on variable overhead yy Spent $250,000 on fixed overhead Calculate all nine variances and indicate whether they are favorable or unfavorable.