Berful Industries manufactures a product. The calculated production standards for materials and labor for one unit are shown below: Labor standard is .25 hours per unit at $12 per hour, and the material standard is 4 kilograms per unit at $.60 per kilogram. Actual purchases of material were 240,000 kilograms at $.62 each per kilogram. Actual costs in the production of 50,000 units were:

Direct Labor: $158,600 for 13,000 hours

Direct Material: $130,200 for 210,000 kilograms used

Calculate: Price and quantity variances for both material and labor. Remember to indicate favorable or unfavorable for each!

Materials Price Variance _____________________

Materials Quantity Variance ___________________

Labor Rate Variance _____________________

Labor Quantity Variance _____________________