Question $10(10$ points$)$

The data below relate to a product of Bellingham Company.

Standard costs:

Materials, $2$ pounds at $$6$ per pound$ $12$ per unit

Labor, $3$ hours at $$15$ per hour $$45$ per unit

Actual results were:

Production $3,600$ units

Material purchased and used, $7,300$ pounds$ $42,340$

Labor, $10,360$ hours

$ $160,580$

Required:

$($Be sure to indicate whether the variances are favorable or unfavorable and show your work.$)$

a$.$ Compute the direct material price variance.

b$.$ Compute the direct material usage variance.

c$.$ Compute the direct labor rate variance.

d$.$ Compute the direct labor efficiency variance.