Question: Hello can you check my work. its from a cengage 27th edition. thank you b. Determine the direct labor rate variance, direct labor time variance,


Hello can you check my work. its from a cengage 27th edition. thank you


b. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable varlance as a negatlve number uslng a minus slgn and an unfavorable varlance as a positive number. Rate variance :5 Tlme variance as M ) Total direct labor cost variance 55 c. Determlne variable factory overhead controllable variance, the xed factory overhead volume variance, and total factory overhead cost variance. Enter a favorable varlance as a negatlve number using a mlnus sign and an unfavorable variance as a posltlve number. Variable factory overhead controllable variance $ Fixed factory overhead volume variance $ UUU Total factory overhead cost varlance $ Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analvsls Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials. direct labor, and factorv overhead incurred for the manufacture of 5,000 units of product were as follows: Standard oasis Actual oasis Direct materials 1300 lb. at $5.10 ?.?00 lb. at $4.90 Direct labor 1,500 hrs. at $15.10 1,530 hrs. at $15.50 Factory overhead Rates per direct labor hr.r based on 100% of normal capacity of 1,560 direct labor hrs.: Variable cost, $4.10 $6,090 variable cost Fixed cost, $6.50 $10,140 xed cost Each unit requires 0.25 hour of direct labor. Req ulred: 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. s-x Price variance Favorable J Quantity variance Total direct materials cost variance 55- x Favorable J Favorable J
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