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

Marvel Parts, Incorporated, manufactures auto accessories. One of the company's products is a set of seat covers that can be adjusted to fit nearly any small car. The company has a standard cost system in use for all of its products. According to the standards that have been set for the seat covers, the factory should work $1,020$ hours each month to produce $2,040$ sets of covers. The standard costs associated with this level of production are:

$\backslash$table$[[,$Total,Per Set of$],[$Direct materials,Covers,$],[$Direct labor,$$37,740,$$$18\mathrm{.}50$