-Calculate direct material price variance

-Calculate direct material usage variance

-Calculate direct labour rate variance

-Calculate direct labour efficiency variance

The standard costs and budget figures relating to production of Playfair's single product are: For the month of April: Material purchased: 30,000 kgs @ \$7.30 per kg Opening raw materials was 1,040 kilograms. Closing raw materials inventory was 6,525 kilograms. Production: 12,250 units Direct labour cost: 3,064 hours @ \$18.25 per hour