TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. TaskMaster has established the followingstandards for the prime costs of one unit of product.

	Standard Quantity		Standard Price	Standard Cost
Direct Materials	8	pounds		$	1.80	per pound	$	14.40
Direct Labor	0.25	hour		$	8.00	per hour		2.00
							$	16.40

During August, TaskMaster purchased 160,000 pounds of direct materials at a total cost of $304,000. The total factory wages for August were $42,000, 90% of which were for direct labor. TaskMaster manufactured 19,000 units of product during Augustusing 142,500 pounds of direct materials and 5,000 direct labor hours.

What is the direct materials price variance?

What is the direct materials efficiency variance for November?

What is the direct labor rate variance?

What is the direct labor efficiency variance for November?