Ruby Company produces a chair that requires 3 yards of material per unit. The standard price of one yard of material is $11.20. During the month, 5,700 chairs were manufactured, using 16,900 yards at a cost of $11.87 per yard. Enter favorable variances as negative numbers.

(a)	Determine the price variance.	$fill in the blank 1	Favorable
(b)	Determine the quantity variance.	$fill in the blank 3	Unfavorable
(c)	Determine the cost variance.	$fill in the blank 5	Unfavorable

Japan Company produces lamps that require 2 standard hours per unit at an hourly rate of $13.40 per hour. Production of 8,100 units required 15,880 hours at an hourly rate of $13.70 per hour. Enter favorable variances as negative numbers.

(a) Determine the direct labor rate variance.	$fill in the blank 1
(b) Determine the direct labor time variance.	$fill in the blank 3
(c) Determine the cost variance.	$fill in the blank 5