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Splish Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product: Direct materials (6.00 kg at

Splish Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product:

Direct materials (6.00 kg at $2.95 per kilogram) $17.70
Direct labour (2.25 hours at $12.20 per hour) $27.45

During the month of April, the company manufactures 200 units and incurs the following actual costs:

Direct materials purchased and used (1,300 kg) $4,095
Direct labour (430 hours) $5,031

Calculate the total, price, and quantity variances for materials and labour

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