1. Wilson's Winter Woolens manufactures jackets and other wool clothing. A certain designed ski parka requires the following: Direct materials standard 2 square yards at $13.50 per yard Direct manufacturing labor standard 1.5 hours at $20.00 per hour During the third quarter, the company made 1,500 parkas and used 3,150 square yards of fabric costing $39,375. Direct labor totaled 2,100 hours for $45,150. Required: a. Compute the direct materials price and efficiency variances for the quarter. (3 pts.) b. Compute the direct manufacturing labor price and efficiency variances for the quarter. (3 pts.) C Interpret ALL four variances (3 pts.) 2. Rizzo Corporation manufactured 90,000 bats during February. The variable overhead cost-allocation base is $5.05 per machine-hour. The following variable overhead data pertain to February: (3 pts.) Actual Budgeted 90,000 units 90,000 units Production Machine-hours 9,800 hours 9,000 hours $5.15 $5.05 Variable overhead cost per machine-hour a) What is the variable overhead spending variance? 2. Rizzo Corporation manufactured 90,000 bats during February. The variable overhead cost-allocation base is $5.05 per machine-hour. The following variable overhead data pertain to February (3pts.) Actual Budgeted Production 90,000 units 90.000 units Machine-hours 9,800 hours 9.000 hours Variable overhead cost per machine-hour $5.15 $5.05 a) What is the variable overhead spending variance? b) What is the variable overhead efficiency variance? 3. Bryant Corporation manufactured 33,000 gloves during March. The following fixed overhead data pertain to March: (3 pts.) Static Budget Actual 33,000 units 30.000 units Production Machine-hours 6,100 hours 6,000 hours Fixed overhead costs for March $153,000 $144,000 a) What is the fixed overhead spending variance? b) What is the fixed overhead production-volume variance? bai.. APK se wall