Beck Company set the following standard unit costs for its single product.

Direct materials (26 Ibs. @ $4 per Ib.) . . . . . . . . . . . . . . . . $104.00

Direct labor (8 hrs. @ $8 per hr.) . . . . . . . . . . . . . . . . . . . 64.00

Factory overhead'variable (8 hrs. @ $5 per hr.) . . . . . . . . 40.00

Factory overhead'fixed (8 hrs. @ $7 per hr.) . . . . . . . . . . 56.00

Total standard cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $264.00

The predetermined overhead rate is based on a planned operating volume of 70% of the productive capacity of 50,000 units per quarter. The following flexible budget information is available.

During the current quarter, the company operated at 80% of capacity and produced 40,000 units of product; actual direct labor totaled 178,600 hours. Units produced were assigned the following standard costs:
Direct materials (1,040,000 Ibs. @ $4 per Ib.) . . . . . . . . $ 4,160,000
Direct labor (320,000 hrs. @ $8 per hr.) . . . . . . . . . . . . 2,560,000
Factory overhead (320,000 hrs. @ $12 per hr.) . . . . . . . 3,840,000
Total standard cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$10,560,000
Actual costs incurred during the current quarter follow:
Direct materials (1,035,000 Ibs. @ $4.10) . . . . . . . . . . . $ 4,243,500
Direct labor (327,000 hrs. @ $7.75) . . . . . . . . . . . . . . . 2,534,250
Fixed factory overhead costs . . . . . . . . . . . . . . . . . . . . 1,875,000
Variable factory overhead costs . . . . . . . . . . . . . . . . . . 1,482,717
Total actual costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$10,135,467

Required
1. Compute the direct materials cost variance, including its price and quantity variances.
2. Compute the direct labor variance, including its rate and efficiency variances.
3. Compute the total variable overhead and total fixed overhead variances.
4. Compute these variances:
(a) Variable overhead spending and efficiency,
(b) Fixed overhead spending and volume, and
(c) Total overheadcontrollable.

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Operating Levels 60% 40,000 320,000 Production in units 30,000 240,000 35,000 280,000 Budgeted overhead Fixed factory overhead$1.960,000 $960,000 $1,960.000 Variable factory overhead .$1.200,000 $1.400,000 $1,600,000