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 materiais pourd plastic at $6.00 per pound Direct labor-2.5 hours at $11.30 per hour Variable manufacturing overhead Foxed manufacturing overhead Total standard cost per unit 2.25 17.50 7.50 $59.25 The predetermined manufacturing overhead rate is $10.00 per direct labor hour ($25.00 +2.5). It was computed from a master manufacturing overhead budget based on normal production of 14.500 direct labor hours (5,800 units) for the month. The master budget showed total variable costs of $101.500 (57.00 per hour) and total fixed overhead costs of $43.500 ($3.00 per hour) Actual costs for October in producing 4.600 units were as follows. Direct materials (4,710 pounds) $29.202 Direct labor (11,400 hours) 132,240 Variable overhead 85,098 Fored overhead 32,202 Total manufacturing costs $273.742 The purchasing department buys the quantities of raw materials that are expected to be used in production each month, Raw materials inventories, therefore, can be ignored, Compute all of the materials and labor variances. Total materials variance T Unfavorable Materials price variance Unfavorable Materials quantity variance Unfavorable Total labor variance T Unfavorable Unfavorable Labor price variance Favorable Labor quantity variance (b) Compute the total overhead variance Total overhead variance Unfavorable Click if you would like to Show Work for this question: Open Show Work