Your answer is partially correct.

Swifty Clothiers is a small company that manufactures tall$-$men's suits. The company has used a standard cost accounting system. In

May $2022,10,600$ suits were produced. The following standard and actual cost data applied to the month of May, when normal

capacity was $13,500$ direct labor hours. All materials purchased were used.

Cost Element

Direct materials

Direct labor

Overhead

Standard $($per unit$)$

$9$ yards at $$4\mathrm{.}30$ per yard

$1\mathrm{.}10$ hours at $$14\mathrm{.}00$ per hour

$1\mathrm{.}10$ hours at $$6\mathrm{.}60$ per hour $($fixed $$3\mathrm{.}80$; variable

$$2\mathrm{.}80$

Actual

$$403,620$ for $96,100$ yards $($ $$4\mathrm{.}20$ per yard$)$

$$178,178$ for $12,460$ hours $($ $$14\mathrm{.}30$ per hour$)$

$$49,800$ fixed overhead $$37,500$ variable

overhead

Overhead is applied on the basis of direct labor hours. At normal capacity, budgeted fixed overhead costs were $$51,300,$ and budgeted

variable overhead was $$37,800.$

$($a$)$

Compute the total, price, and quantity variances for $(1)$ materials and $(2)$ labor. $($Round per unit values to $2$ decimal places, eg$.52\mathrm{.}75$ and

final answers to $0$ decimal places, e$.$g$.52.)$

$(1)$ Total materials variance

$

Materials price variance

$

D$!$

Materials quantity variance

$

$$

$(2)$ Total labor variance

$

Labor price variance

$

Labor quantity variance

$

$($b$)$

Compute the total overhead variance.