Jent county company produces a single product. Thd dtandard cost card for the produvt follows.

Direct materials $3$ pounds @ $$4/$ pound$=$ $$12$ per unit

Direct labor $2$ hours @ $8$$$/$ hour$=16$$ per unit

Variable overhead $2$ hours @ $$5/$ hour $=$ $$10$ per unit

During a recent period thd compaby produced $500$ units of product. Various costs associated with the produvtion of rhese units are given below.

Units produced $500$

Direct material used $1600$ pounds

direct material purchased $(3000$ pounds$)$ $$12,300$

Direct labor cost $(950)$ hours $$7,790$

Variable overhead cost incurred $$4,655$

The material cost price variance is$?$ Material quantity? Labor rate variance? Labor efficiancy variance? Variable overhead? Variable overhead efficiancy variance?