Problem 23-2A (Part Level Submission) Ayala accumulates the following data relative to jobs started and finished during the month of June 2017 Costs and Production Data Actual Standard $2.20 10,100 177,600 $173,280 15,200 Raw materials unit cost $2.40 11,000 Raw materials units used Direct labor payrol Direct labor hours worked Manufacturing overhead incurred Manufacturing overhead applied Machine hours expected to be used at normal capacity Budgeted fxed overhead for June Variable overhead rate per machine hour Fixed overhead rate per machine hour 14,800 235,636 $238,336 1,500 $70,550 $3.20 $1.70 Overhead is applied on the basis of standard machine hours. 3.20 hours of machine time are required for each direct labor hour. The jobs were sold for $467,000. Selling and administrative expenses were $36,500. Assume that the amount of raw materials purchased equaled the amount used. Y (a) Compute all of the variances for (1) direct materials and (2) direct labor. (Round answers to o decimal places, e.g. 125.) (1) Total materials variance Materiais price variance CALCULATOR PRINTER VERSION BACK Overhead is applied on the basis of standard machine hours. 3.20 hours of machine time are required for each direct labor hour. The jobs were sold for $467,000. Selling and administrative expenses were $36,500. Assume that the amount of raw materials purchased equaled the amount used. (a) Compute all of the variances for (1) direct materials and (2) direct labor. (Round answers to 0 decimal places, e.g. 125.) (1) Total materials variance Materials price varlance Materials quantty variance (2) Total labor variance Labor price variance Labor quantity variance Click if you would like to Show Work for this question: Open Show Work LINK TO