Kopecky Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product:

Direct materials (6 kg at $2.50 per kilogram)......................$15.00

Direct labour (3.1 hours at $12 per hour) ..........................$37.20

During the month of April, the company manufactures 250 units and incurs the following actual costs:

Direct materials purchased and used (1,600 kg) ......................$4,192

Direct labour (760 hours)...................... ...........................$8,740

Instructions

Calculate the total, price, and quantity variances for materials and labour.