Ferry Chemical uses a standard cost system to account for the costs of its production of Chemical X$.$ Standards are $2\mathrm{.}9$ gallons of materials at $$120$ per gallon and $25$ hours of labor at a standard wage rate of $$27.$ During September, Ferry Chemical produced $3,200$ gallons of Chemical X$.$ Ferry Chemical purchased and used totaled $3,720$ gallons at a total cost of $$450,180.$ Payroll totaled $$317,730$ for $26,180$ hours worked.

 

 

a$.$ Calculate the direct materials price variance. $($Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect $($i$.$e$.,$ zero variance$).)$

b$.$ Calculate the direct materials quantity variance. $($Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect $($i$.$e$.,$ zero variance$).)$

c$.$ Calculate the direct labor rate variance. $($Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect $($i$.$e$.,$ zero variance$).)$

d$.$ Calculate the direct labor efficiency variance. $($Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect $($i$.$e$.,$ zero variance$).)$