Amiment Industries, Inc. (AII), developed standard costs for direct material and direct labor. In 2015, AII estimated the following standard costs for one of their major products, the 10-gallon plastic container.

Budgeted Quantity Budgeted Price

Direct Materials .10 pounds $60 per pound

Direct Labor .05 hours $30 per hour

During June, AII produced and sold 20,000 containers using 1,900 pound of materials. The company purchased 1,900 pounds of direct materials at an average cost per pound of $64 and 1,000 direct manufacturing labor-hours at an average wage of $30.50 per hour.

1. What is the direct material price variance during June? (HINT: The answer is $7,600 unfavorable, but I need the steps used to solve)

2. What is the direct manufacturing labor efficiency variance during June? (HINT: The answer is $0, but I need the steps used to solve)

In addition to this, also:

3. Compute the direct material efficiency variance.

4. Compute the direct manufacturing labor price variance.