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Home 1 Peorge Peorgy cost analysis showed the following:- Standard Actual Purchases of Raw Material $39,000 $36,000 Units Purchased 13,000 12,000 Labour Cost $86,000 $89,000

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Home 1 Peorge Peorgy cost analysis showed the following:- Standard Actual Purchases of Raw Material $39,000 $36,000 Units Purchased 13,000 12,000 Labour Cost $86,000 $89,000 Hours Worked 24,000 26,000 Find the following variances and indicate whether they are favourable or unfavourable:- 1, Material price 2. Material quantity 3. Labour rate 4. Labour efficiency

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