Ch $23-$ HW

eBook

$\backslash$table$[[$Standard Costs,Actual Costs$],[$Direct materials,$185,000lbs.$ at $$5\mathrm{.}80$ per lb$.,183,200$ lbs$.$ at $$5\mathrm{.}70$ per lb$.],[$Direct labor,$18,500hrs.$ at $$18\mathrm{.}30$ per hr$.,18,930$ hrs$.$ at $$18\mathrm{.}50$ per hr$.],[$Factory overhead,Rates per direct labor hr$,$ based on $100\%$ of normal,$],[,$capacity of $19,310$ direct labor hrs$.$:$,$$$75,090$ variable cost$],[,$Variable cost, $$4\mathrm{.}10,$$$125,515$ fixed cost$]]$

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

Required: variance as a positive number.

Direct Materials Price Variance

Direct Materials Quantity Variance

Total Direct Materials Cost Variance

s

positive number.

Direct Labor Rate Variance

Direct Labor Time Variance

Total Direct Labor Cost Variance and an unfavorable variance as a positive number.