During April, Dryden Companys material purchases amounted to 8,500 pounds at a price of $7.70 per pound. Actual costs incurred in the production of 1,700 units were as follows:

Direct labor:	$	134,655	($19.10 per hour)
Direct material:	$	45,430	($7.70 per pound)

The standards for one unit of Dryden Companys product are as follows:

Direct Labor:	Direct Material:
Quantity, 4 hours per unit	Quantity, 3 pounds per unit
Rate, $19.00 per hour	Price, $7.40 per pound

Required:

Compute the direct-material price and quantity variances, the direct-material purchase price variance, and the direct-labor rate and efficiency variances. Indicate whether each variance is favorable or unfavorable.