For the month of May, a company has a $4,500 unfavorable direct materials variance to produce 5,000 finished goods. The company purchased and used 2,200 pounds of direct materials for $22,000. The standard to produce one finished good is 0.5 pounds of direct materials. Calculate the following and determine if variances are favorable or unfavorable: (SHOW YOUR WORK)

a) Direct materials price variance:

b) Direct materials quantity variance:

c) Standard price of direct materials per unit: