Swifty Company developed the following standard costs for its product for $2022$ :

SWIFTYCOMPANY

Standard Cost

The company expected to work at the $124,400$ direct labor hours level of activity and produce $62,200$ units of product.

Actual results for $2022$ were as follows:

$,59,000$ units of product were actually produced.

$,$ Direct labor costs were $$1,113,450$ for $114,200$ direct labor hours actually worked.

$,$ Actual direct materials purchased and used during the year cost $$1,152,096$ for $240,020$ pounds.

$,$ Total actual manufacturing overhead costs were $$682,200.$

Compute the following variances for Swifty Company for $2022$ and indicate whether each variance is favorable or unfavorable.

Direct Materials Price Variance

$

Direct Materials Quantity Variance $

Direct Labor Price Variance

$

Direct Labor Quantity Variance $

Overhead Controllable Variance $

Overhead Volume Variance $