You have been given the following per unit information about the production of Harrold Ltd., and are asked to provide the plant manager with information for a meeting with the vice-president of operations: Standard Standard Actual Actual Quantity Price Quantity Price Direct materials 31kg $4 / kg 3.5 kg $4.50/kg Direct labour 2 hours $17 / hour 2.5 hours $16 /hour Production data, both budgeted and actual, for the year are as follows: Description Amount Actual production (units) 58,000 Actual materials purchased and used (kg) 203,000 The plant manager has asked you to calculate the following variances: direct material price variance, direct material usage variance, direct labour rate variance, and the direct labour efficiency variance. Use your work to answer the following questions. Question 17 (1.5 points) The total direct material price variance is $ Enter your answer as a positive number. A/ Question 18 (1 point) The direct material price variance is a) Neither favourable or unfavourable b) Favourable c) Unfavourable Question 19 (1.5 points) The total direct material usage variance is $ Enter your answer as a positive number. 4 Question 20 (1 point) The direct material usage variance is a) Neither favourable or unfavourable Ob) Favourable c) Unfavourable Question 21 (1.5 points) The total labour rate variance is $ Enter your answer as a positive number. Question 22 (1 point) The direct labour rate variance is a) Neither favourable or unfavourable Ob) Unfavourable c) Favourable b) Unfavourable c) Favourable Question 23 (1.5 points) The total labour efficiency variance is $ Enter your answer as a positive number. Question 24 (1 point) The direct labour efficiency variance is a) Neither favourable or unfavourable Ob) Unfavourable Oc) Favourable