11-2a Also compute the total overhead variance ?

WileyPLUS Weygandt, Managerial Accounting, Se Help | System Announcements ASSIGNMENT RESOURCES Costs and Production Data Actual Standard Chapter 11 Homework Exercise 11-1 a-b Raw materials unit cost $2.10 $1.90 (Video) Raw materials units 11,300 10,700 Exercise 11-5 (Video) Exercise 11-6 (Video) Direct labor payroll $175,500 $171,360 Exercise 11-7 (Video) Direct labor hours 15,000 15,300 Exercise 11-8 a Manufacturing overhead incurred $212,930 Exercise 11-11 (Video) Problem 11-2A (Part Manufacturing overhead applied $215,730 Level Submission) Machine hours expected to be used at normal capacity 43,500 Video) Budgeted fixed overhead for June $73,950 Review Score Variable overhead rate per machine hour $3.00 Review Results by Study Fixed overhead rate per machine hour $1.70 Objective Overhead is applied on the basis of standard machine hours. 3.00 hours of machine time are required for each direct labor hour. The jobs were were $39,300. Assume that the amount of raw materials purchased equaled the amount used. (a) Your answer is correct. Compute all of the variances for (1) direct materials and (2) direct labor. (Round per unit values to 2 decimal places, e.g. 52.75 and final (1) Total materials variance 3400 Unfavorable Materials price variance 2260 Unfavorable Materials quantity variance 1140 Unfavorable (2) Total labor variance 4140 Unfavorable Labor price variance 7500 Unfavorable Labor quantity variance 3360 Favorable