Rickard Brown's product has the following established standard costs:

• Direct Labor per unit: 1 hour at $12 per hour
• Direct Material per unit: 2 pounds at $3 per pound

The actual costs for the month of producing 500 units are as follows:

• Direct Material: $4,500 (1,250 pounds used)
• Direct Labor: $5,200 (400 hours used)

Please answer the following questions based on the provided data. Remember to show all calculations step-by-step, numbering your answers in order to provide your work

1. What is the total Material variance?
2. How much is the Material Price variance?
3. What is the Material Quantity variance?
4. What is the total Labor variance?
5. How much is the Labor Price variance?
6. What is the Labor Quantity variance?
7. Which variance(s) would be the responsibility of the Production Manager?