ament CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Problem 24-01A Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials-1 pound plastic at $6.00 per pound Direct labor 1.5 hours at $12.20 per hour Variable manufacturing overhead 9.00 Fixed manufacturing overhead Total standard cost per unit $18.30 The predetermined manufacturing overhead rate is $16.00 per direct labor hour ($24.00+ 1.5). It was computed from a master manufacturing overhead budget based on normal production of 8,700 direct labor hours (5,800 units) for the month. The master budget showed total variable costs of $52,200 ($6.00 per hour) and total fored overhead costs of $87,000 ($10.00 per hour). Actual costs for October in producing 4,300 units were as follows. Direct materials (4,500 pounds) Direct labor (6,250 hours) Variable overhead Fixed overhead Total manufacturing costs $ 27,900 77,500 78.430 26.670 $210.500 The purchasing department buys the quantities of raw materials that are expected to be used in production each month. Raw materials inventories, therefore, can be ignored. Compute all of the materials and labor variances Total materials variance 10:36 AM ssignment CALCULATO CES Compute all of the materials and labor variances. Total materials variance Materials price variance Materials quantity variance ady Total labor variance Labor price variance Labor quantity variance (b) Compute the total overhead variance. Total overhead variance Click if you would like to Show Work for this question: Open Show Work Question Attempts e to search lo L 29