Materials price and quantity variances. Tom and Lynda own Hercules Health Club. For the month of April, they had forecasted gym membership at 972 members. Tom and Lynda expect to go through 1 towel...

Materials price and quantity variances. Tom and Lynda own Hercules Health Club. For the month of April, they had forecasted gym membership at 972 members. Tom and Lynda expect to go through 1 towel (cost $3 per towel) per four members each month at this volume. Actual results for April show that Hercules had 969 members. Hercules bought (and used) 270 new towels for April at a cost of $837.

Required:

For April, calculate the efficiency and prices variance for towels.