Machine maintenance is a variable cost of your business. You have standards of 5 minutes of machine time per unit produced and $20 of maintenance cost per hour of machine usage. Your actual amounts are 2921 hours of machine time and $53907 in maintenance cost. You produce 33923 units whereas your budget had anticipated volume of 20,000. Provide the maintenance efficiency variance (absolute value). Answer: Is the above variance favorable or unfavorable? Answer 2 for favorable and 1 for unfavorable. Answer: Now provide the maintenance price variance (absolute value). Answer: