Beulah Inc. manufactures small fitting parts to heavy duty machineries. The company has provided the following standard cost data to prepare its flexible budget for the first quarter of the current year:

	Price or rate standard	Quantity or time standard
Direct material	$15 per lb.	1.3 lbs.
Direct labor	$20 per hour	2.5 hours

Beulah produced 5,000 units of parts during the quarter and the actual material and labor cost data are gathered below:

	Actual price or rate	Actual quantity or time
Direct material	$16.50 per lb.	1.1 lbs.
Direct labor	$18 per hour	3 hours

Compute the following in relation to the direct materials and state whether the variances are "favorable" or "unfavorable":

Actual direct material cost per unit: $_____ per unit

Standard direct material cost per unit: $_____ per unit

Direct material price variance: $_____ ; Indicate favorable or unfavorable:

Direct material quantity variance: $_____ ; Indicate favorable or unfavorable:

Direct material cost variance: $____ ; Indicate favorable or unfavorable:

Compute the following in relation to the direct labor and state whether the variances are "favorable" or "unfavorable":

Actual direct labor cost per unit: $______ per unit

Standard direct labor cost per unit: $_____ per unit

Direct labor rate variance: $_____ ; Indicate favorable or unfavorable:

Direct labor efficiency variance: $_____ ; Indicate favorable or unfavorable:

Direct labor cost variance: $_____ ; Indicate favorable or unfavorable: