TB Problem Qu. 9-423 (Static) Fortes Incorporated has provided the following data... Fortes Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Inputs Standard Quantity or Hours per Unit of Output Standard Price or Rate Direct materials 8.0 ounces $ 6.10 per ounce Direct labor 0.60 hours $ 19.80 per hour Variable manufacturing overhead 0.60 hours $ 4.40 per hour The company has reported the following actual results for the product for April: Actual output 5,600 units Raw materials purchased 48,200 ounces Actual cost of raw materials purchased $ 279,560 Raw materials used in production 44,810 ounces Actual direct labor-hours 3,150 hours Actual direct labor cost $ 64,890 Actual variable overhead cost $ 12,915 Required: a. Compute the materials price variance for April. b. Compute the materials quantity variance for April. c. Compute the labor rate variance for April. d. Compute the labor efficiency variance for April. e. Compute the variable overhead rate variance for April. f. Compute the variable overhead efficiency variance for April.