Use the following data for calculating the variances:

Actual Actual Rate Standard Standard Rate

Sugar Inc.

$ $

Labor Hours 500 (Last 2 digits of your UMT ID) 480 10

Material Kg 1000 20 1025 18

Selling Units 1020 30 1000 29

Calculate and interpret

a) Direct Material Price Variance

b) Direct Material Quantity Variance

c) Total Direct Material Variance

d) Direct Labor Price Variance

e) Direct Labor Efficiency Variance

f) Total Direct Labor Variance