The Zurich Chocolate Company uses standard costs and a flexible budget to control its manufacture of fine chocolates. The purchasing agent is responsible for material price variances, and the production manager is responsible for all other variances. Operating data for the past week are summarized as follows:

1. Finished units produced: 2,900 boxes of chocolates.

2. Direct materials: Purchased and used, 3,400 pounds of chocolate @ 17.3 Swiss francs (SFR) per pound; standard price is 18 SFR per pound. Standard allowed per box produced, 1 pound.

3. Direct labor: Actual costs, 3,925 hours @ 38.6 SFR, or 151,505 SFR. Standard allowed per box produced, 1.25 hours. Standard price per direct-labor hour, 38 SFR.

4. Variable manufacturing overhead: Actual costs, 46,675 SFR. Budget formula is 11 SFR per standard direct-labor hour.

Compute the following:

1.

a. Materials purchase-price variance

b. Materials quantity variance

c. Direct-labor price variance

d. Direct-labor quantity variance