The data below relate to a product of Colfax Company.
Standard costs:
Material, 2 pounds at $6 per pound = $12 per unit
Labor, 3 hours at $15 per hour = $45 per unit
Budgeted production for the year 4,000 units

Actual results were:
Production 3,600 units
Material purchases, 8,000 pounds at $46,400
Labor, 10,360 hours at $160,580
Material used in production 7,300 pounds
Requirements:
calculate the following: (Be sure to indicate whether the variance is favorable or unfavorable.)
Direct material price variance
Direct material quantity variance
Direct labor rate variance
Direct labor efficiency variance