Jay Levitt Company budgeted the following cost standards for the current year: Direct materials (2 kg of plastic at $6 per kilogram) Direct labour (2 hours at $11 per hour) Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit $12.00 22.00 11.10 6.95 $52.05 Actual costs for producing 2,700 units were as follows: Direct materials used Direct materials purchased (6,630 kg) Direct labour (6,950 hours) Variable manufacturing costs Fixed manufacturing costs 5,900 kg $38,454 $62,550 $33,000 $17,900 Calculate the materials price variance for materials purchased Materials price variance $ Calculate the materials quantity variance Materials quantity variance $ Calculate the labour price variance. (Round answer to the nearest whole dollar, e.g. 5,275.) Labour price variance $ Calculate the labour quantity variance Labour quantity variance $