Problem 23-1A (part level submission) Costello Corporation manufactures a single product. The standard cost per unit of product is shown below.

Direct materials2pound plastic at $7.30per pound	$14.60
Direct labor1.00hours at $11.00per hour	11.00
Variable manufacturing overhead	7.00
Fixed manufacturing overhead	9.00
Total standard cost per unit	$41.60

The predetermined manufacturing overhead rate is $16per direct labor hour ($16.001.00). It was computed from a master manufacturing overhead budget based on normal production of5,200direct labor hours (5,200units) for the month. The master budget showed total variable costs of $36,400($7.00per hour) and total fixed overhead costs of $46,800($9.00per hour). Actual costs for October in producing4,200units were as follows.

Direct materials (8,550pounds)	$64,895
Direct labor (4,010hours)	45,113
Variable overhead	50,868
Fixed overhead	18,512
Total manufacturing costs	$179,388

The purchasing department buys the quantities of raw materials that are expected to be used in production each month. Raw materials inventories, therefore, can be ignored.

(a)Compute all of the materials and labor variances.(Round answers to 0 decimal places, e.g. 125.)

Total materials variance	$	Neither favorable nor unfavorableUnfavorableFavorable
Materials price variance	$	UnfavorableFavorableNeither favorable nor unfavorable
Materials quantity variance	$	UnfavorableFavorableNeither favorable nor unfavorable
Total labor variance	$	FavorableNeither favorable nor unfavorableUnfavorable
Labor price variance	$	UnfavorableNeither favorable nor unfavorableFavorable
Labor quantity variance	$	Neither favorable nor unfavorableUnfavorableFavorable