Superior Mfg. Company is a manufacturer of large ceramic dishes. The standard materials quantity is 1.2 pound of ceramic per dish at a standard price of $3.00 per pound. The actual quantity for the production of 550 dishes was 1.6 pounds per dish, at an actual price of $3.25 per pound.

#6) Calculate the Material Price Variance (Indicate Favorable or Unfavorable)

#7) Calculate the Direct Material Efficiency Variance (Indicate Favorable or Unfavorable).

Continuing with Superior Company.. The standard direct labor time is 1.2 hour per dish, at a price of $25 per hour. The actual results for the production of the 550 dishes were 1.0 hour per dish, at a price of $20 per hour.

#8) Calculate the Direct Labor Price Variance (Indicate Favorable or Unfavorable)

#9) Calculate the Direct Labor Efficiency Variance (Indicate Favorable or Unfavorable)