Walla Walla Band Uniforms uses a standard costing system. The standard material and labor costs for producing a marching band hat are as follows:

Materials (0.90 yards $12.20) $10.98

Direct labor (1.20 hours $13.70) $16.44

During May, the company produced 3,290 band hats; 4,340 yards of material were purchased for $44,702, and 3,300 yards of material were used in production. Also during May, 4,710 direct labor hours were worked at a cost of $61,230. Calculate material price and quantity variances and labor rate and efficiency variances. Indicate whether the variances are favorable or unfavorable.

Material Price Variance $?

Material Quantity Variance $?

Labor Rate Variance $?

Labor Efficiency Variance $?