Dawson Corporation Has the Following Information Required:
A

Dawson Corporation has the following information: $$\begin{array} { l l l l } \text { Direct Materials: } & & \text { Direct Labour: } & \\\text { Standard Quantity } & 2,500 & \text { Standard Hours } & 600 \\\text { Actual Quantity } & 2,400 & \text { Actual Hours } & 625 \\\text { Standard Price } & \$ 22 & \text { Standard Rate } & \$ 15 \\\text { Actual Price } & \$ 20 & \text { Actual Rate } & \$ 15\end{array}$$ Required:
A. Determine the materials price variance and whether it is favourable or unfavourable.
B. Determine the materials usage variance and whether it is favourable or unfavourable.
C. Determine the labour rate variance and whether it is favourable or unfavourable.
D. Determine the labour efficiency variance and whether it is favourable or unfavourable.