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

Costs
Actual labor rate		$13	per hour
Actual materials price		$110	per ton
Standard labor rate		$12.50	per hour
Standard materials price		$111	per ton

Quantities
Actual hours incurred and used		4,500 hours
Actual quantity of materials purchased and used		1,600 tons
Standard hours used		4,580 hours
Standard quantity of materials used		1,575 tons

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

Total materials variance		$enter a dollar amount		select a type of the variance UnfavorableNeither favorable nor unfavorableFavorable
Materials price variance		$enter a dollar amount		select a type of the variance UnfavorableFavorableNeither favorable nor unfavorable
Materials quantity variance		$enter a dollar amount		select a type of the variance UnfavorableNeither favorable nor unfavorableFavorable
Total labor variance		$enter a dollar amount		select a type of the variance FavorableUnfavorableNeither favorable nor unfavorable
Labor price variance		$enter a dollar amount		select a type of the variance Neither favorable nor unfavorableFavorableUnfavorable
Labor quantity variance		$enter a dollar amount		select a type of the variance FavorableNeither favorable nor unfavorableUnfavorable