Kosai is an oil-based product used to remove rust on bolts and nuts that are stuck. Its accounting system uses standards cost. The standards per 0.5 liter can of solution call of 0.75 liters of material and 4 hours of labor. (0.75 liters of materials are needed due evaporation in the production process.) The stand cost per liter of material is $2.50. The standard costper hour for labor is $13.00. Overhead is applied at the rate of $15.375 per can. Expected production is 8,000 cans with fixed overhead per year of $35,000 and variable overhead of $11 per unit (a .5-liter can).

During 2018, 7,800 cans were produced; 13,000 liters of material were purchased at a cost of $60,000; 10,100 liters of material were used in production. The cost of direct labor incurred in 2018 was $376,250, based on an actual wage rate of $11 per hour. Actual overhead for 2018 was $125,000.

Calculate the following: Standard cost per unit (Blank 1); Material price variance (Blank 2); Material quantity variance (Blank 3); Labor rate variance (Blank 4); Labor efficiency variance (Blank 5); Controllable overhead variance (Blank 6); Overhead volume variance (Blank 7). (Round to the nearest cent i.e. two digits after decimal and use comma separators for thousands)