Direct Materials Price Variance

Direct Materials Quantity Variance

Total Direct Materials Cost Variance

$

$x$

$

$

Unfavorable $$

Favorable

Favorable

$!$

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.

Variable factory overhead controllable variance

$

$x$

$1$

Fixed factory overhead volume variance

$

$$

$$

Total factory overhead cost variance

$Required:

a$.$ Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. 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

$

$

$

$x$

Unfavorable $$

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.