Aroma has a standard cost system. It produces only one product. The following information relates to the

business plan prepared for the fiscal year May $1,2022$ to April $30,2023.$

Variable and Fixed Factory Overhead is forecasted using Machine Hours as the cost driver.

Variable and Fixed Factory Overhead is allocated to the product using Machine Hours as the cost driver.

The standard cost assumes one unit of Aroma's product will require $5$ units of raw material.

Each unit of raw material is projected to cost $$4$ during the fiscal year ending April $30,2023.$

The business is not cyclical. Production and sales activity is assumed to be the same each month.

Aroma did not have any Work In Process Inventory on May $1$ or May $31.$

Required:

In the spaces provided below, calculate each of the following four variances for May $1$ to May $31.$

Show all calculations. Show all calculations.

$1)$ The Direct Labour Rate Variance is

$2)$ The Direct Labour Efficiency Variance is

$3)$ The Material Price Variance is

$4)$ The Material Usage Variance is