Glenn's Draperies manufactures curtains. A certain window requires the following:

Direct materials standard is 11 square metres at $5 per metre

Direct manufacturing labour standard is 5 hours at $10

During the second quarter the company made 1,600 curtains and used 15,000 square metres of fabric costing $72,000. Direct labour totaled 7,700 hours for $78,925.

Required:

a. Compute the direct materials price and efficiency variances for the quarter.

b. Compute the direct manufacturing labour rate and efficiency variances for the quarter.

Can you also show the formulas