1. What is Ebo's direct material usage variances?2. What is Ebo's direct labour rate variance? 3. What is Ebo's direct labour efficiency variance?4. What is Ebo's variable overhead spending variance?

Ebo Company has developed the following standards for one of its products: Direct materials 20 pounds x $4 per pound Direct labour 5 hours x $18 per hour Variable overhead 5 hours x $4 per hour The following activities occurred during the month of October: Materials purchased 230,000 pounds at $4.20 per pound Materials used 220,000 pounds Units produced 10,000 units Direct labour 51.000 hours at $17.70 per hour Actual variable overhead $240,000 The company records materials price variances at the time of purchase. What is Ebo's direct materials usage variance