During May, Joliet Fabrics Corporation manufactured 500 units of a special multilayer fabric with the trade name Stylex. The following information from the Stylex production department also pertains to May.

Direct material purchased: 18,000 yards at $1.38 per yard .........$24,840

Direct material used: 9,500 yards at $138 per yard ............. 13,110

Direct labor 2,100 hours at $9.15 per hour ................19,215

The standard prime costs for one unit of Stylex are as follows:

Direct material: 20 yards at $1.35 per yard ...........$27

Died labor: 4 hours at $9.00 per hour ................36

Total standard prime cost per unit of output .............$63

Required:

Compute the following variances for the month of May, indicating whether each variance is favorable or unfavorable.

1. Direct material price variance.

2. Direct material quantity variance.

3. Direct labor rate variance.

4. Direct labor efficiency variance.