$3.$PR$\mathrm{.}23\mathrm{.}03$A$\_$ALGO $($Algorithmic$)$

Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analyais

Standard Costs

Direct materlals $222,000$ libe. at $$4\mathrm{.}90$ per lb$.$

Direct labor $18,500$ hrs$.$ at $$17\mathrm{.}30$ per hr$.$

Fsctory overhead Rates per direct labor hr$.,$ based on $100\%$ of normal capacity of $19,310$ direct labor hrs$.$:

Variable coat, $$3\mathrm{.}90$

Foved cost, $$5\mathrm{.}20$

Actual Costs

$219,800lbs.$ at $$4\mathrm{.}80$perlb.

$18,930$ hrs$.$ st $$17\mathrm{.}70$ per hr$.$

$$71,430$ variable cost

$$119,722$ fixed cost

Esch unit requires $0\mathrm{.}25$ hour of direct labor.

Required:

number.

Direct Materials Price Variance $ :

Direct Materisls Quantity Variance $$,$

Total Direct Materials Cost Variance $

Direct Labor Rate Varlance $ ;

Direct Labor Time Varlance & $,$

Total Direct Labor Cost Varisnce $

varlance as a positive number.

Varlable factory overhead controliable varlance $

Flxed factory overhesd volume variance $

Total factory overhead cost variance $