The direct materials and direct labor data shown on the next page pertain to the operations of Solario Manufacturing Company for the month of August.

Instructions(a) Compute the total, price, and quantity variances for materials and labor.(b) Provide two possible explanations for each of the unfavorable variances calculated above, and suggest where responsibility for the unfavorable result might beplaced.

Quantities Costs Actual hours incurred and used Actual quantity of materials purchased and used Standard hours used Standard quantity of materials used $13 per hour $128 per ton Actual labor rate 4,200 hours Actual materials price 1,225 tons 4,300 hours $12 per hour $130 per ton Standard labor rate Standard materials price 1,200 tons