Expected production (units) 17,000

Standard DML hours per unit 8

Standard DML rate per hour $22

Standard pounds of DM usage per unit 4

Standard DM price per pound $15

Actual Units produced 16,000

DML hours worked 132,000

Total cost of DML $2,640,000

Pounds of DM purchased 70,000

Total cost of DM purchased $1,190,000

Pounds of DM used 62,000

Calculate the following variances:

Direct manufacturing labor rate variance

Direct manufacturing labor usage variance

Direct materials price variance

Direct materials usage variance