Problem $10-9($Algo$)$ Comprehensive Variance Analysis $[$LO$10-1,$ LO$10-2,$ LO$10-3]$

Mareel Parts, Incorporated, manufactures buto acoessories. One of the company$/$s products is a set of seat covers that can bee adjuthed T$0$ fe rearly any small car. The company has as standard cost whonees in use for all of ils products. According to the gtandaeds that have been set for the seat covers, the factory should work $1\mathrm{.}060$ hours each month to produce $2,120$ sets of covers. The standard costs assoclated with this level of production are:

$\backslash$table$[[,$fotal,Per $5$ t of cevers$],[$Direct naterials,,Covers$],[$Direct labor,$543,46959\mathrm{.}549,554\mathrm{.}34],[$Variabte manameturing overimad inased,$59\mathrm{.}540,4\mathrm{.}34],[$en firter laber$-$hars$),{54}_{2}644,7,74],[,,523\mathrm{.}34]]$

During Aupust, the factory worked entr $500$ elvect tabor$-$hours and profuotd $2\mathrm{.}200$ sets of covers. The following achual eests were reconded during the morth:

$\backslash$table$[[,$Tetat,Ftr $54$t of Clvers$],[,{544\mathrm{.}64}^5,814,4],[$girect laber,$518,348,4\mathrm{.}0$

During August, the factory worked only $500$ direct labor$-$hours and produced $2,200$ sets of covers. The following actual costs were recorded during the month:

$\backslash$table$[[,$Total,Per Set of$],[$Direct materials yards