$\backslash$table$[[,$Inputs,Standard Quantity,Standard Price$],[$Direct materials,$2\mathrm{.}9,$pounds,$$,4\mathrm{.}12,$per pound$],[$Direct labor,$0\mathrm{.}65,$hours,$$,21\mathrm{.}98,$per hour$],[$Variable manufacturing overhead,$0\mathrm{.}65,$hours,$$,5\mathrm{.}87,$per hour$]]$

$\backslash$table$[[$Actual results:,,,$],[$Actual output,,$2,100,$units$],[$Actual variable manufacturing overhead cost,$$,7,140,]]$

$\backslash$table$[[,$Actual Quantity,Actual Price$],[$Actual direct materials cost,$6,450,$pounds,$$,3\mathrm{.}95,$per pound$],[$Actual direct labor cost,$1,100,$hours,$$,21\mathrm{.}33,$per hour$]]$

Required:

Use the information above to calculate the variances.

Note: Use ABS$()$ formula for variances.