Jay Levitt Company budgeted the following cost standards for the current year:

Direct materials (2 kg of plastic at $6 per kilogram) $12.00

Direct labour (2 hours at $11 per hour): $22.00

Variable manufacturing overhead: $10.55

Fixed manufacturing overhead: $6.10

Total standard cost per unit: $50.65

Actual costs for producing 2,710 units were as follows:

Direct materials used: 5,650kg

Direct materials purchased (6,470 kg): $37,526

Direct labour (6,910 hours): $62,190

Variable manufacturing costs: $32,700

Fixed manufacturing costs: $17,400

A) Calculate the materials price variance for materials purchased.

Materials price variance: $_____

choose: unfavourable, favourable, neither favourable or unfavourable

B) Calculate the materials quantity variance.

Materialsquantity variance: $_____

choose: unfavourable, favourable, neither favourable or unfavourable

C) Calculate the labour price variance.(Round answer to the nearest whole dollar, e.g. 5,275.)

Labour price variance: $______

choose: unfavourable, favourable, neither favourable or unfavourable

D) Calculate the labour quantity variance.

Labour quantity variance: $_____

choose: unfavourable, favourable, neither favourable or unfavourable