Manacc Ltd manufactures clothing and uses a standard costing system.

The following is the standard variable cost for one of their products:

R

Material @ R$8,00$ per kg $20\mathrm{.}00$

Labour @ $1\mathrm{.}5$ hrs $22\mathrm{.}50$

Variable overheads

$-$ varying with hours worked: $1\mathrm{.}5$ hrs @ R$6\mathrm{.}00$ per hour $9\mathrm{.}00$

$-$ varying with production $7\mathrm{.}00$

Budgeted sales $-11700$ units

Actual results are as follows:

Materials purchased $32000$ kg R$262400$

Labour $($Rate per hour R$16\mathrm{.}00)$ R$304000$

Variable overheads

$-$ varying with hours worked R$108300$

$-$ varying with production R $78000$

Sales R$624000$

Additional information:

The budgeted selling price is R$50\mathrm{.}00$ per unit.

$1.12000$ units were manufactured and sold.

$2.$ There were no completed units, work in progress or material on hand at the beginning or end of

the period.

Required:

Calculate and state whether the following variances are favourable $/$ unfavourable:

$1\mathrm{.}1$ Material price variance $(5)$

$1\mathrm{.}2$ Material quantity variance $(5)$

$1\mathrm{.}3$ Labour rate variance $(5)$

$1\mathrm{.}4$ Labour efficiency variance $(5)$

$1\mathrm{.}5$ Selling price variance $(5)$