During August, the factory worked only $500$ direct labor$-$hours and produced $2,200$ sets of covers. The following actual costs were

recorded during the month:

At standard, each set of covers should require $2\mathrm{.}5$ yards of material. All of the materials purchased during the month were used in

production.

Required:

Compute the materials price and quantity variances for August.

Compute the labor rate and efficiency variances for August.

Compute the variable overhead rate and efficiency variances for August.