Trenton Manufacturing Company manufactures one product, with a standard cost detailed as follows:

Required Prepare variance analyses for the variable and fixed costs. Indicate which variances cannot be computed. Materials are purchased as they are used.

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Direct materials, 20 yards at $18 per yard Direct labor, 24 hours at $15 per hour $ 360 360 Factory overhead applied at five-sixths of direct labor (variable costs Variable selling and administrative Fixed selling and administrative $225; fixed costs $75). = 300 240 140 Total unit costs. $1,400 Standards have been computed based on a master budget activity level of 14,400 direct labor-hours per month. Actual activity for the past month was as follows: Materials used Direct labor... Total factory overhead Production 9,500 yards at $18.40 per yard 12,600 hours at $15.25 per hour $166,500 500 units