need 2,4,&6

how is 4&6 not 600&320

Chapter 10 Mickey's Amusements Mickey's Amusements manufactures ride vehicles for roller coasters. One of their products is a seat with harness, for coasters that have inversions. Mickey's uses a standard cost system for all products. According to the standards set for the seat with harness, the factory should work 990 hours each month to produce 1.980 seats. The standard costs associated with this production are: Total Per Seat Direct materials Direct labor Variable manufacturing OH (based on direct labor hours) $39,798 $ 20.10 2010/3.-6.70 5940/190-6 5,940 3.00 3,168 1.60 $24.70 During January, the factory worked only 1,000 direct labor hours and produced 2,200 seats. The following actual costs were incurred during January: 407007400=5.50 $ 18.50 8140/1000-8-14 Per Seat Total $40,700 8,140 Direct materials (7.400 sq. ft.) Direct labor Variable manufacturing OH (based on direct labor hours) 3.70 3,960 1.80 $24.00 At the standard, each seat requires 3.0 sq.ft of material. All materials purchased in January were used CAS At the standard, each seat requires 3.0 sq.ft of material. All materials purchased in January were used in production. Calculate the following (be sure to label variances as F/U): 1.) What is the Materials price variance? (Answer: $8,880 F) (AQ* AP)-(AR SP) = 8880 F (7400 +5.50) - (7400*4.70) 8880 F 2.) What is the Materials quantity variance? (Answer: $9,782 U) 3.) What is the Labor rate variance? (Answer: $2,140 U) (AH* ARD-CAH ASR) = ) (1000* 8.14) - (1000 x 6) =91404 X 4.) What is the Labor efficiency variance? (Answer: $60 U) 5.) What is the variable OH rate variance? (Answer: $760 U) (AH+AR)-(AH-SR) = = 1000x3.96-1000 x 320 = $7460 u 6.) What is the variable OH efficiency variance? (Answer: $32 U)