Exercise 11-9 Canarie Band Uniforms uses a standard costing system. The standard material and labor costs for producing a marching band hat are as follows: Materials (0.90 yards x $11.90) Direct labor (1.20 hours x $14.20) $10.71 $17.04 During May, the company produced 3,210 band hats; 4,000 yards of material were purchased for $45,200, and 3,250 yards of material were used in production. Also during May, 4,770 direct labor hours were worked at a cost of $71,550 Calculate material price and quantity variances and labor rate and efficiency variances. Indicate whether the variances are favorable or unfavorable. (Round intermediate calculations to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 125. Enter all variances as a positive number.) Material Price Variance Material Quantity Variance Labor Rate Variance Labor Efficiency Variance s