1 Glacier Peak Outfitters has the following direct materials standard for the fiberfill in its mountain parka. 0.1 kg. of fiberfill per parka at $5.00 per kg. Last month 210 kgs, of fiberfill were purchased and used to make 2,000 parkas. The materials cost a total of $1,029. Materials Variances: Using the Factored Equations A. Materials quantity variance MQV (AQSP)-(SQ SP)-SP(AQ-SQ) - /kg ( kgs-(kg/parka x B. Materials price variance MPV (AQ AP) - (AQ SP) x kgs (S AQ(AP-SP) /kg-S /kg)- 2. Glacier Peak Outfitters has the following direct labor standard for its mountain parka. 1.2 standard hours per parka at $10.00 per hour Last month, employees actually worked 2,500 hours at a total labor cost of $26,250 to make 2,000 parkas. Labor Variances: Using the Factored Equations C. Labor efficiency variance LEV (AH SR)-(SH SR) - SR (AH-SH)- X X per hour ( hours- D. Labor rate variance LRV (AHAR)-(AH hours (S parkas)) - hours) - SR) AH (AR-SR) - per hour-S per hour)