A product of Chamblee Corporation has the following standard costs. Variable overhead is applied on the basis of direct labor hours. Inputs: Unit of Input Units per item Price or rate Direct Materials: quarts 50 $30/quart Direct Labor: direct labor hours 14 $10/direct labor hour Variable Overhead: direct labor hours $9/direct labor hour The following results were reported for the month of October. The direct material purchases variance is computed when the materials are purchased. Actual output: 199 items Raw Materials used: 10,660 quarts Raw Material purchased: 9,568 quarts Actual direct labor hours: 2,985 hours Actual cost of raw materials purchased: $306,176 Actual direct labor cost: $32,835 Actual variable overhead cost: $29,850 What are each of the following variances, and are they favorable or unfavorable? Part 1: Direct Labor rate variance: Answer 1 Question 21 Part 2: Direct Labor efficiency variance: $Answer 2 Question 21 Answer 3 Question 21 Part 3: Direct Material price variance: $Answer 4 Question 21 Answer 5 Question 21 Part 4: Direct Material quantity variance