Marvel Parts Inc.manufactures auto accessories.One of the companys products is a set of seat convers that can be adjusted to fit nearly any small car.The company uses a standard cost system for all of its products.According to the standards that have been set for the seat covers,the factory should work 2,850 hours each month to produce 1,900 seats of covers.The standard costs associated with this level of production are

	Total	Per set of covers
Direct Materials	$42,560	$22,40
Direct Labor	$51,300	27.00
Variable manufacturing	$6,840	3.60
		$53.00

During August,The factory worked only 2,800 direct labor hours and produced 2,000 sets of covers.The following actual costs were recorded during the month:

	Total	Per set of covers
Direct Materials(12,000 yards)	$45,600	$22.80
Direct Labor	$49,000	24.50
Variable manufacturing overhead	$7,000	3.50
		$50.80

At a standard each set of covers should require 5.6 yards of material.All of the materials purchased during the month were used in production.1) Compute the materials price variance and the quantity variance for August.

2) Compute the Labor rate and efficiency variances for August.

3) Compute the variable overhead rate and efficiency variances for August.