Use the following information to answer questions 15 - 18

Direct materials 5 kgs x $8 per kg

Direct labour 4 hours x $12 per hour

Variable overheads $16 per hour

Overhear absorption rate $4 per labour hour

Budgeted output in January was 1,200 units.

1,300 units produced in February with the following results:

Direct materials used 6 600 kgs costing $50,160

Direct labour 5 330 hours costing $65,026

Actual variable overhead $26 650

What is the company's Materials Price Variance?

A. $800 unfavourable

B. $800 favourable

C. $2,640 unfavourable

D. $2,640 favourable

What is the company's materials usage variance?

A. $800 unfavourable

B. $800 favourable

C. $2,640 unfavourable

D. $2,640 favourable

What is the company's Labour Rate Variance?

A. $1,066 unfavourable

B. $1, 066 favourable

C. $1,560 favourable

D. $1,560 unfavourable

What is the company's Variable Overhead Efficiency Variance?

A. $520 favourable

B. $520 unfavourable

C. $5,330 favourable

D. $5,330 unfavourable