Bonita Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product.

Direct materials (8 pounds at $1.80 per pound)		$14.40
Direct labor (6 hours at $14.00 per hour)		$84.00

During the month of April, the company manufactures 230 units and incurs the following actual costs.

Direct materials purchased and used (1,500 pounds)		$2,850
Direct labor (1,410 hours)		$19,458

Compute the total, price, and quantity variances for materials and labor.

Total materials variance		$enter a dollar amount		select an option FavorableNeither favorable nor unfavorableUnfavorable
Materials price variance		$enter a dollar amount		select an option FavorableUnfavorableNeither favorable nor unfavorable
Materials quantity variance		$enter a dollar amount		select an option UnfavorableFavorableNeither favorable nor unfavorable
Total labor variance		$enter a dollar amount		select an option Neither favorable nor unfavorableUnfavorableFavorable
Labor price variance		$enter a dollar amount		select an option UnfavorableNeither favorable nor unfavorableFavorable
Labor quantity variance		$enter a dollar amount		select an option UnfavorableFavorableNeither favorable nor unfavorable