Nutri-Life has developed the following standard costs for one container of its major product, an immune-strengthening drug. Budgeted Quantity and Price Direct Materials 0.3 pounds @ $20 per pound = $6 per container Direct Labor 0.2 hours @ $12 per hour = $2.40 per container During March, 2017, Nutri-Life produced and sold 30,000 containers of this drug. They used 10,000 pounds of direct materials at an average cost of $19 per pound, and 6250 hours of direct labor at an average cost of $13 per hour. (1) Determine the direct material price variance (2) Determine the direct material efficiency variance (3) Determine the direct labor price variance (4) Determine the direct labor efficiency variance