JayCo Ltd. makes two kinds of nylon blend string for their tennis racquets. Nylon (the main ingredient) is purchased by the yard then blended with one of their two patented blends to make a Speed string and a Power string (both measured in packs). Jason is concerned about the cost of the string production and has asked you to do a variance analysis given the following information from last year: Types of string (packs): Speed 32,000 Power 35,000 Material price variance AQ = AP = $ TC = $ Materials price variance: (Select from the dropdown-->) 150,000 Yards 2.50 375,000 AH = AR = $ TC = $ Labor rate variance 556,800 $ Labor rate variance: (Select from the dropdown-->) per yard 45,250 DL hours 12.30 per DL hour AR= $ 4.39 TC = $ 198,450 VOH spending variance: (Select from the dropdown-->) 150,000 375,000 4,600 VOH spending variance AH = 45,250 DL hours DM Speed Power VOH $ (54,075) favorable $ 15,000 unfavorable $ $ per DL hour (5,175) favorable yards of nylon purchased total cost of nylon unused yards Beg. Inv. $ $ Actual Quantity 2 0.5 0.5 based on Actual Quantity of Input @ Standard Price $ Standards yards/pack DLhr/pack DLhr/pack DLhrs 360,000 Actual Labor Hours @ Standard DL Rate 610,875 Actual Labor Hours @ Standard VOH Rate $ $ 203,625 $ $ $ $ 45,250 DL hours 556,800 Labor cost 198,450 VOH 145,400 Price TC = Materials quantity variance: 348,960 (Select from the dropdown-->) 2.40 13.50 13.50 4.50 Material quantity variance SQ = SP = yards used TC = per yard per hr per hr per hr Labor efficiency variance SH = SR = Labor efficiency variance: (Select from the dropdown-->) SR = TC = VOH efficiency variance SH = yard per yard VOH efficiency variance: (Select from the dropdown-->)