Direct materials $,265,200lbs,$ at $$5\mathrm{.}50$ per lb$.$

Direct labor $,19,500$ hrs$,$ at $$17\mathrm{.}80$ per hr$.$

Rates per direct labor hr$.,$ based on $100\%$ of normal

Factory overhead

capacity of $20,350$ direct labor hrs$.$:

Variable cost, $$4\mathrm{.}80$

Fixed cost, $$7\mathrm{.}60$

$262,500lbs,$ at $$5\mathrm{.}30$ per lb$.$

$19,950hrs.$ at $$18\mathrm{.}00$ per $hr.$

$$92,660$ variable cost

$$154,660$ fixed. Santiago inc's stabdard and actual costs for direct materials, direct labor, and factory overhead incurree fro the manufacture of $78000$ units of product were as dollow; requires $0\mathrm{.}25$ hour of direct labor.

Required:

a$.$ Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost varlance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Direct Materials Price Variance

Direct Materials Quantity Variance

$

Total Direct Materials Cost Variance

$

$

b$.$ Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Direct Labor Rate Variance

$

Direct Labor Time Variance

$

Total Direct Labor Cost Variance

$

c$.$ Determine the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance.

Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.