a. Calculate the material price variance for materials purchased.

b.Calculate the material efficiency variance.

c.Calculate the labour price variance.

d.Calculate the labour efficiency variance.

Novak Company budgeted the following cost standards for the current year: Direct materials (2 kg of plastic at $6.00 per kilogram) $12.00 Direct labour (2 hours at $11 per hour) 22.00 Variable manufacturing overhead 11.85 Fixed manufacturing overhead 6.40 Total standard cost per unit $52.25 Actual costs for producing 2,700 units were as follows: Direct materials used 5,510 kg Direct materials purchased (6,670 kg) $39,353 Direct labour (6,910 hours) $62,190 Variable manufacturing costs $32,900 Fixed manufacturing costs $17,900