You have been given the following information about the production of Usher Co., and are asked to provide the plant manager with information for a meeting with the vice president of operations.

		Standard Cost Card
Direct materials (9 pounds at $3 per pound)		$27.00
Direct labor (0.70 hours at $7)		4.90
Variable overhead (0.70 hours at $5 per hour)		3.50
Fixed overhead (0.70 hours at $7 per hour)		4.90
		$40.30

The following is a variance report for the most recent period of operations.

				Variances
Costs		Total Standard Cost		Price			Quantity
Direct materials		$406,000		$7,070	F		$9,300	U
Direct labor		73,681		5,500	U		8,000	U