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Pepper Inc uses a standard cost system to account for the costs of its one product. Standards are 4 sheets of 1 2 - inch

Pepper Inc uses a standard cost system to account for the costs of its one product. Standards are 4 sheets of 12-inch steel at $110 per sheet and 14 hours of labor at a standard wage rate of $13. During July, Pepper Inc produced 600 units. Materials purchased and used totaled 2,540 sheets at a total cost of $268,850. Payroll totaled $112,930 for 8,770 hours worked. Calculate the:
1. direct materials price variance.
2. direct materials quantity variance.
3. Total (spending) material variance4. direct labor rate variance.
5. direct labor efficiency variance.
6. Total (spending) labor variance.

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