One widget requires 0.75 pounds of Material X, which has a standard price of $4 per pound. The company uses 2,450 pounds of Material X, which costs $10,000 to produce 3,300 widgets. Calculate the following variances and determine if each is favorable or unfavorable: (SHOW YOUR WORK)

a) Direct materials price variance:

b) Direct materials quantity variance:

c) Direct materials cost variance: