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

Direct materials (2 kg of plastic at $5 per kilogram)$10.00Direct labour (2 hours at $12 per hour)24.00Variable manufacturing overhead11.65Fixed manufacturing overhead6.50Total standard cost per unit$52.15

Actual costs for producing 2,650 units were as follows:

Direct materials used

6,000kgDirect materials purchased (6,570 kg)

$32,193Direct labour (6,850 hours)

$66,445Variable manufacturing costs

$32,300Fixed manufacturing costs

$17,600

Calculate the materials price variance for materials purchased.

Materials price variance$enter the materials price variance

select a type of the materials price variance

Favourable

Unfavourable

Neither favourable nor unfavourable

Calculate the materials quantity variance.

Materialsquantity variance

$enter the materials quantity variance

select a type of the materials quantity variance

Favourable

Unfavourable

Neither favourable nor unfavourable

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

Labour price variance

$enter the labour price variance rounded to the nearest whole

select a type of the labour price variance

Neither favourable nor unfavourable

Unfavourable

Favourable

Calculate the labour quantity variance.

Labour quantity variance$enter the labour quantity variance

select a type of the labour quantity variance

Neither favourable nor unfavourable

Favourable

Unfavourable