Material, Labor, and Variable Overhead Variances The following summarized manufacturing data relate to Thomas Corporations April operations, during which 2,000 finished units of product were produced. Normal monthly capacity is 1,100 direct labor hours. Standard Units Costs Total Actual Costs Direct material Standard (2 lb. @ $9.00/lb.) $18 Actual (4,200 lb. @ $10.20/lb.) $42,840 Direct labor Standard (0.5 hr. @ $24/hr.) $12 Actual (950 hrs. @ $23.40/hr.) 22,230 Variable overhead Standard (0.5 hr. @ $6/hr.) $3 Actual - 6,450 Total $33 $71,520 Determine the following variances: Do not use negative signs with any of your answers. Next to each variance answer, select either "F" for Favorable or "U" for Unfavorable. Materials Variances Actual cost: $Answer 42,840 Split cost: $Answer 37,800 Standard cost: $Answer 36,000 Materials price $Answer 5,040 Answer Materials efficiency $Answer 1,800 Answer Labor Variances Actual cost: $Answer 22,230 Split cost: $Answer 22,800 Standard cost: $Answer 4,950 Labor rate $Answer 570 Answer Labor efficiency $Answer 1,200 Answer Variable Overhead Variances Actual cost: $Answer 6,450 Split cost: $Answer 5,700 Standard cost: $Answer 11,400 Variable overhead spending $Answer 750 Answer Variable overhead efficiency $Answer 300 Answer

For labor variance, what is the standard cost?

For variable overhead variance, what is the standard cost?