During April, a company produced 5,500 umbrellas from nylon that costs $0.45 per yard, which is $0.05 cheaper than the standard cost. The quantity of materials purchased is 4,800 yard, because there are still some ending inventories in the warehouse. It also used 3,000 direct labor hours at a rate of $6.50. Its direct materials standard is 1 yard per umbrella. Its direct labor standard is 0.5 hour per umbrella.

Its materials usage variance was a favorable $500 and its labor rate variance was a favorable $900. The actual quantity of materials consumed is .... yard The standard labor rate is ..... per hour The materials price variance is .... The materials price variance is Favorable or Unfavorable? The labor efficiency variance is ..... The labor efficiency variance is Favorable or Unfavorable?