Standard Enterprises Pty Ltd. uses a standard cost system and a flexible budget for factory overhead. Standard cost details for the company's single product are as follows:

Direct Material $ 12.30

Direct Labour $ 49.92

Factory Overhead $ 43.68

Total Standard Cost per Unit $105.90

The standard cost of material is $4.92 per kg. Direct labour is charged at the standard rate of $10.40 per hour.

For the month of June:

6000 Kgs. of raw material were purchased at a cost of $30600.

Issues of direct material were 5000 Kgs.

Direct labour usage was 9600 DLHs at a cost of $10.64 per DLH.

During June, the firm sold 2,020 units. Opening finished goods inventory for June was 150 units. Closing finished goods was 80 units.

-Calculate direct material price variance:

DMPV = (AP-SP) X PQ

-Calculate direct material quantity variance

DMUV = (AQ-SQ)

-Calculate direct labour rate variance

DLRV = AH * (AR-SR)

-Calculate direct labour efficiency variance

DLEV = SR*(AH-SH)