The accounting manager reviewed the cost reports and noted the following actual costs for a particular order that consisted of 20 pergolas:

*1,150 pounds of lumber were purchased at a total cost of $2,280.

*Twenty-two (22) metal kits were assembled at a total cost of $3,840.

*Type I employees worked 35 hours on this project at a total cost of $585.

*Type II finishing employees worked 57 hours at a total cost of $690.

The standard costs to make each finished pergola are:

1. 54 pounds of lumber at $1.50 per pound
2. 1 metal kit at $170
3. 2 hours of type I labor from people who run the saws and cutting tools at a standard wage rate of $15 per hour
4. 3 hours of type II labor from people who attach the metal finishes and other hardware at a standard wage rate of $12 per hour.

Required:

Calculate the 1) price variance and 2) quantity variance for each item below:

1. Lumber

Price variance: (AQ X AP) (AQ X SP)

Quantity Variance: (AQ x SP)- (SQ X SP)

2. Metal kits.

Price variance: (AQ X AP) (AQ X SP)

Quantity Variance: (AQ x SP)- (SQ X SP)

3. Type I workers.

Price variance: (AH X AR) (AH X SR)

Quantity Variance: (AH x SR)- (SH X SR)

4. Type II workers.

Price variance: (AH X AR) (AH X SR)

Quantity Variance: (AH x SR)- (SH X SR)