Milberg Co. uses absorption costing and standard costing to improve cost control.

In 2020, the total budgeted overhead rate was $1.55 per direct labour hour. When preparing the budget, Milberg expected a monthly activity level of 10,000 direct labour hours. The monthly variable overhead cost budgeted for this level of activity was $9,500.

The following data on actual results are provided for the month of November 2020.

Materials purchased	20,000	units
Direct labour cost incurred	$36,000
Total of direct labour rate and efficiency variances	500	F
Actual wage rate ($0.20 less than standard)	4.80
Underapplied variable overhead costs	1,065	U
Total underapplied fixed and variable overhead costs	2,256	U
Materials price variance	200	F
Materials efficiency variance	610	F
Price of purchased materials	0.60	per unit
Materials used	15,000	units

Instructions

Identify and calculate as many different variances as you can for 2020.