"Happy Pieter's Hockey Golf Club Manufacturing Company" has the following information:

Standard costs for Material and Labors:

The standard material cost is $$6\mathrm{.}50$ per pound

Standard quantity of materials $45,000$ pounds

The standard cost for labor is $$15$ oer hour.

Standard labor hours is $9000$ hours

The actual materials and labor are as follows:

$44,000$ pounds of materials are purchased and used

The actual cost per pound is $$6\mathrm{.}20$ per pound

$8750$ hours of labor are actually used

The actual labor rate is $$15\mathrm{.}10$ per hour

Required:

A$)$ Compute the following variances:

Total Material Variance

Material Price Variance

Material Quantity Variances

Comment on these variances