Diane Buswell examined some of the accounting records and reported that Current Designs purchased 1,240 kg of pellets for this order at a total cost of $3,224. Twenty finishing kits were assembled at a total cost of $3,180. The payroll records showed that the type I employees worked 37 hours on this project at a total cost of $740. The type II finishing employees worked 65 hours at a total cost of $1,137.50. A total of 20 kayaks were produced for this order. The standards that had been developed for this model of kayak are as follows for each kayak:

56 kg of polyethylene powder at $2.5 per kilogram

1 finishing kit (rope, seat, hardware, etc.) at $166

2 hours of type I labour from people who run the oven and trim the plastic at a standard wage rate of $20 per hour

3 hours of type II labour from people who attach the hatches and seat and other hardware at a standard wage rate of $17 per hour.

Calculate the eight variances that are listed below. (Round price variance for Type II workers to 2 decimal places, e.g. 15.25 and all other answers to 0 decimal places, e.g. 25.)

Quantity variance for polyethylene powder		$	UnfavourableNeither favourable nor unfavourableFavourable
Price variance for polyethylene powder		$	UnfavourableNeither favourable nor unfavourableFavourable
Quantity variance for finishing kits		$	Neither favourable nor unfavourableUnfavourableFavourable
Price variance for finishing kits		$	FavourableUnfavourableNeither favourable nor unfavourable
Quantity variance for type I workers		$	Neither favourable nor unfavourableUnfavourableFavourable
Price variance for type I workers		$	Neither favourable nor unfavourableFavourableUnfavourable
Quantity variance for type II workers		$	FavourableUnfavourableNeither favourable nor unfavourable
Price variance for type II workers		$	UnfavourableFavourableNeither favourable nor unfavourable