Ruby Company produces a chair that requires 5 yards of material per unit. The standard price of one yard of material is $9.50. During the month, 4,500 chairs were manufactured, using 22,100 yards at a cost of $9.03 per yard.

Determine the following: Enter favorable variances as negative numbers.

a.	Price Variance	$
b.	Quantity Variance	$
c.	Cost Variance	$