Masik, Incorporated is analyzing its most current direct materials results against the budget.

Here is the standard cost information:

Actual cost information is below:

$\backslash$table$[[$Units Produced,$4,000],[$Materials Purchased,$8,500],[$Material Used,$7,800],[$Cost of Direct Materials,$85,000]]$

Required:

Fill in the cells below with required data for variance calculations and favorability.

Hint: Use the ABS$()$ function to calculate amounts and use an IF$()$ condition to determine the favorability of the variances.