Labor Level 1 Level 3 Variances Hours E25 698 Cost E249 854 Material Price Variance Wood Hours / unit E0 Actual Price per Kilo f1 Cost / hour E10 Material Variance Price -E667 favorable 60% Labor Cost Metal Level 1 Master Variance -652 817 unfavorable Actual Price per Kilo f1 Material Variance Price 67 125 favorable Level 2 Volume Variance E120 420 favorable Level 2 Efficiency Variance E173 237 unfavorable Plastic E0 Total 652 817 unfavorable Actual Price per Kilo Material Variance Price E4 764 favorable Material Usage Variance Wood E175 701 favorable Metal - E45 046 favorable Plastic -E10 828 favorable Labor Price Variance Level 1 Actual Price Per Hour f10 Labor Price Variance $7 126 favorable Labor Usage Variance Level 1 67 780 favorable Variable Overhead Spending Variance E225 005 unfavorable Variable Overhead Efficiency Variance E0 favorable Labor Level 1 Level 3 Variances Hours f15 589 Cost E315 984 Material Price Variance Wood Hours / unit Actual Price per Kilo f3 Cost / hou E20 Material Variance Price E200 000 unfavorable 60% Labor Cost f12 Metal Level 1 Master Variance $666 772 unfavorable Actual Price per Kilo E3 Material Variance Price E48 201 unfavorable Level 2 Volume Variance E376 200 favorable Level 2 Efficiency Variance E1 042 972 unfavorable Plastic Total -E666 772 unfavorable Actual Price per Kilo EO Material Variance Price E4 925 favorable Material Usage Variance Wood E136 000 unfavorable Metal E30 759 favorable Plastic -E2 319 favorable Labor Price Variance Level 1 Actual Price Per Hour $20 Labor Price Variance E160 094 unfavorable Labor Usage Variance Level 1 -6924 110 favorable Variable Overhead Spending Variance 1995 684 unfavorable