Analyze the manufacturing cost variances for Le Fromage Gourmet using the following data:

• Standard Direct Materials Cost: €8 per unit
• Actual Direct Materials Cost: €7.50 per unit
• Standard Quantity: 5,000 units
• Actual Quantity Used: 4,800 units
• Standard Direct Labor Rate: €12 per hour
• Actual Direct Labor Rate: €10 per hour
• Standard Hours: 1,000 hours
• Actual Hours Worked: 960 hours

Calculate the direct materials price variance, direct materials quantity variance, direct labor rate variance, and direct labor efficiency variance.