Beluga Corp.has developed standard costs based on a predicted operating level of 352,000 units of production,which is 80% of capacity.Variable overhead is $281,600 at this level of activity,or $0.80 per unit.Fixed overhead is $440,000.The standard costs per unit are: 
Beluga actually produced 330,000 units at 75% of capacity and actual costs for the period were: 
Calculate the following variances and indicate whether each variance is favorable or unfavorable:
(1)Direct labor efficiency variance: $__________________
(2)Direct materials price variance: $__________________
(3)Controllable overhead variance: $__________________
Definitions:
Holding Percentage
The proportion of inventory or investments retained or managed over a period, reflecting strategies for inventory control or asset management.
Supply Chain Profits
The overall financial gain generated through the integrated activities and processes of producing, handling, and distributing products from raw material sourcing to final consumption.
Retailer Stage
A phase in the distribution channel where goods are sold directly to consumers.
Supplier Stage
Refers to the position or phase a supplier occupies in the supply chain or within the procurement process.
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