Tiger, Inc. has developed the following standard cost data based on 60,000 direct labor hours, which is 75% of capacity.
During the last period, the company operated at 80% of capacity and produced 128,000 units. Actual costs were:
Determine the direct materials price and quantity variances and the direct labor rate and efficiency variances. Indicate whether each variance is favorable or unfavorable.

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The Answer of Tiger, Inc. has developed the following standard cost data based on 60,000 direct labor hours, which is 75% of capacity.
During the last period, the company operated at 80% of capacity and produced 128,000 units. Actual costs were:
Determine the direct materials price and quantity variances and the direct labor rate and efficiency variances. Indicate whether each variance is favorable or unfavorable.