1 Direct materials 600 is $5,000 $30 Direct labor 500 hrs $12.00/hr. 60 Variable overhead (based on direct labor hours) 500 hrs. $6.00 - 30 06 During the week ended March 28, the following activity took place 21000 bs of raw materials were purchased for inventory at a cost of $4,95 per pound 2,700 cases of finished product were produced 16.500 lbs of raw materials were used 13.400 direct labor hours were worked at a total cost of $180.900 579,060 of actual variable overhead costs were incurred . Required Calculate each of the following variances on round Intermediate calculations. Indicate the effect of each variance by selecting for favorable. "U" for unfavorable) Price variance for a materias purchased Drect laborate variance a Drewery voce Variatie overhead ending race Variatie overhead eficiency variance 1 Direct materials 600 is $5,000 $30 Direct labor 500 hrs $12.00/hr. 60 Variable overhead (based on direct labor hours) 500 hrs. $6.00 - 30 06 During the week ended March 28, the following activity took place 21000 bs of raw materials were purchased for inventory at a cost of $4,95 per pound 2,700 cases of finished product were produced 16.500 lbs of raw materials were used 13.400 direct labor hours were worked at a total cost of $180.900 579,060 of actual variable overhead costs were incurred . Required Calculate each of the following variances on round Intermediate calculations. Indicate the effect of each variance by selecting for favorable. "U" for unfavorable) Price variance for a materias purchased Drect laborate variance a Drewery voce Variatie overhead ending race Variatie overhead eficiency variance