Kopecky Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product:

Direct materials (6 kg at $3.85 per kilogram)		$23.10
Direct labour (2.40 hours at $11.00 per hour)		$26.40

During the month of April, the company manufactures 260 units and incurs the following actual costs:

Direct materials purchased and used (1,760 kg)		$6,952
Direct labour (600 hours)		$6,240

Calculate the total, price, and quantity variances for materials and labour.

		Materials			Labour
Price variance		$enter a dollar amount	select a type of the variance Neither favourable nor unfavourableUnfavourableFavourable		$enter a dollar amount	select a type of the variance FavourableNeither favourable nor unfavourableUnfavourable
Quantity variance		$enter a dollar amount	select a type of the variance Neither favourable nor unfavourableUnfavourableFavourable		$enter a dollar amount	select a type of the variance Neither favourable nor unfavourableFavourableUnfavourable
Total variance		$enter a dollar amount	select a type of the variance FavourableUnfavourableNeither favourable nor unfavourable		$enter a dollar amount	select a type of the variance FavourableUnfavourableNeither favourable nor unfavourable