The following direct materials and direct labor data pertain to the operations of Laurel Company for the month of August.

Costs
Actual labor rate		$15	per hour
Actual materials price		$180	per ton
Standard labor rate		$14.50	per hour
Standard materials price		$182	per ton

Quantities
Actual hours incurred and used		4,700 hours
Actual quantity of materials purchased and used		1,900 tons
Standard hours used		4,760 hours
Standard quantity of materials used		1,890 tons

(a) Compute the total, price, and quantity variances for materials and labor.

Total materials variance		$enter a dollar amount		select an option UnfavorableNeither favorable nor unfavorableFavorable
Materials price variance		$enter a dollar amount		select an option Neither favorable nor unfavorableUnfavorableFavorable
Materials quantity variance		$enter a dollar amount		select an option Neither favorable nor unfavorableUnfavorableFavorable
Total labor variance		$enter a dollar amount		select an option FavorableNeither favorable nor unfavorableUnfavorable
Labor price variance		$enter a dollar amount		select an option UnfavorableNeither favorable nor unfavorableFavorable
Labor quantity variance		$enter a dollar amount