Kendall Ltd. produces chain for the Sunny Motorcycle Company. At the beginning of the year, they had the following standard cost sheet for one batch of chain: $ Direct materials (10 kg @ $3.50 per kg) Direct labour (2 hours @ $15.00 per hour) Prime cost per batch The actual results for the year are: $ $ $ 35.00 30.00 65.00 Batches produced 150,000 Direct labour hours 290,000 Direct labour cost per hour $ 14.95 Direct materials purchased and used in kilograms 1,550,000 Direct materials cost per kilogram $ 3.40 Calculate the material and labour variances as required below. NOTE: Please enter variances as a positive number. Question 18 (1 point) Calculate and enter the material price variance for the year. A/ NOTE: Please enter variances as a positive number. Question 18 (1 point) Calculate and enter the material price variance for the year. AJ Question 19 (1 point) Is the material price variance favourable or unfavourable? Unfavourable 37 Favourable 40 Question 20 (1 point) Calculate and enter the material usage variance for the year. A/ Question 20 (1 point) Calculate and enter the material usage variance for the year. A/ Question 21 (1 point) Is the material usage variance favourable or unfavourable? Unfavourable Favourable 37 Question 22 (1 point) Calculate and enter the total material variance for the year. 40 A/ Question 23 (1 point) Is the total material variance favourable or unfavourable? Favourable Unfavourable Question 24 (1 point) Calculate and enter the labour rate variance for the year. A Question 25 (1 point) Is the labour rate variance favourable or unfavourable? Favourable Unfavourable 37 Question 26 (1 point) 40 Calculate and enter the labour efficiency variarce for the year. A/ Question 27 (1 point) Is the labour efficiency variance favourable or unfavourable? Favourable Unfavourable Calculate and enter the labour efficiency variance for the year. A Question 27 (1 point) Is the labour efficiency variance favourable or unfavourable? Favourable Unfavourable Question 28 (1 point) Calculate and enter the total labour variance for the year. A Question 29 (1 point) Is the total labour variance favourable or unfavourable? Unfavourable Favourable