Calculate the following variances showing all computations to support your answers, Indicate whether the variances are favourable or unfavourable. a) Materials quantity variance. 3 marks b) Total direct labour variance3 marks c) Direct labour quantity variance 3 marks d) Direct materials price variance3 marks e) Total overhead variance 3 marks

DUCKER COMPANY Standard Cost Card Product A Cost Element Standard Quantity X Standard Price Standard Cost Direct materials 1.5 kilograms $4 $6 Direct labour 2 hours 11 22 Manufacturing overhead 2 hours 14 $42 The company expected to produce 15,000 units of Product A in 2020 and work 75,000 direct labour hours. Actual results for 2020 are as follows: 14,700 units of Product A were produced. Actual direct labour costs were $340,000 for 34,000 direct labour hours worked. Actual direct materials purchased and used during the year cost $89,000 for 23,000 kilograms. Actual variable overhead incurred was $179,000 and actual fixed overhead incurred was $87,000. Instructions Calculate the following variances showing all computations to support your answers. Indicate whether the variances are favourable or unfavourable. a) Materials quantity variance. 3 marks O