Actual material purchases amounted to 240 000 kilograms at $0.62 per kilogram. Actual costs incurred in the production of 50 000 units were as follows: $130200 for 210000 kilograms $273000 for 13000 hours Direct material Direct labour Required 1 calculate the direct material price and quantity variances and the direct labour rate and efficiency variances. Indicate whether each variance is favourable or unfavourable