Ruby Company produces a chair that requires 5 yards of material per unit. The standard price of one yard of material is $7.50. During the month, 8,500 chairs were manufactured, using 43,600 yards at a cost of $7.55 per yard.

Determine the following: Enter favorable variances as negative numbers.

a. Price variance	$	Unfavorable
b. Quantity variance	$	Unfavorable
c. Cost variance	$	Unfavorable