1. Fletcher Company collected the following data regarding production of one of its products. Compute the variable overhead efficiency variance.

Direct labor standard (2 hrs. @ $12.90/hr.)	$	25.80		per finished unit
Actual direct labor hours		85,500		hrs.
Budgeted units		45,000		units
Actual finished units produced		42,000		units
Standard variable OH rate (2 hrs. @ $17.00/hr.)	$	34.00		per finished unit
Standard fixed OH rate ($373,500/45,000 units)	$	8.30		per unit
Actual cost of variable overhead costs incurred	$	1,421,000
Actual cost of fixed overhead costs incurred	$	376,000

2.Fletcher Company collected the following data regarding production of one of its products. Compute the total direct labor cost variance.

Direct labor standard (2 hrs. @ $12.75/hr.)	$	25.50		per finished unit
Actual direct labor hours		92,900		hrs.
Actual finished units produced		46,000		units
Actual cost of direct labor	$	1,253,550

3.

Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor rate variance.

Direct labor standard (2 hrs. @ $12.75/hr.)	$	25.50		per finished unit
Actual direct labor hours		68,800		hrs.
Actual finished units produced		34,000		units
Actual cost of direct labor	$	946,950