Wisner Fabrication prepares its budgets on the basis of standard costs. Variances are analyzed and reported monthly. There are no materials inventories.

The following information relates to the current period: 

Actual costs and activities for the month follow: 

Required

Prepare a cost variance analysis for the variable costs. 

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Standard costs (per unit of output) Direct materials, 5 pounds @ $12.00 per pound Direct labor, 1.5 hours @ $30 per hour.... Factory overhead Variable (30% of material cost). Total standard cost per unit..... ...... $60 45 18 $123