Problem 24-01A Your answer is partially correct. Try again. Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below Direct materials-1 pound plastic at $6.00 per pound Direct labor-1.5 hours at $12.20 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit The predetermined manufacturing overhead rate is $16.00 per direct labor hour ($24.00 1.5). It was computed from a master manufacturing overhead budget based on normal production of 8,700 direct labor hours (5,800 units) for the month. The master budget showed total variable costs of $52,200 $0.00 per hour and totale overhead costs of $87,000 ($10.00 per hour). Actual costs for October in producing 4,300 units were as follows Direct materials (4,500 pounds) Direct labor (6,250 hours) Variable overhead Fixed overhead Total manufacturing costs $ 27,900 27.500 78.430 26,670 The purchasing department buys the quantities of raw materials that are expected to be used in production each month amaten vertor n o.com (a) Compute all of the materials and labor variances non CALCULATOR Compute all of the materials and labor variances. Total materials variance Unfavorable Materials price variance Unfavorable Materials quantity variance Unfavorable Total labor variance Labor price variance Unfavorable Labor quantity variance Favorable (b) Compute the total overhead variance Total overhead variance 34100 Favorable Favorable Click if you would like to Show Work for this question: Doen Show Work D600 earch