126 1260-8ebc-4b2d05b718c8/page/page-949131a1-a79e-4fad-a72a-fb7b13b75c0b 9781337667999 a TT Quick Tour Print Search Annotations Accessibility Book Ties B Ne Comprehensive Probl V a. Direct materials price variance 510.100 PR 23-38 Direct materials, direct labor, and factory overhead cost variance OBU.. analysis Road Gripper Tire Co, manufactures automobile tires. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 4,160 tires were as follows: Standard Costs Actual Costs Direct materials 100,000 bat 6.40 101,000 lb. at $6.50 Direct labor 2,080 hrs at $15.75 2.000 hrs at $15.40 Factory overhead Rates per direct labore based on 100% of normal capacity of 2.000 direct labores Variable cost, 54.00 $8.200 variable cost Fred cost 56.00 $12.000 feed cost Each time requires 0.5 hour of direct labor Instructions Determine (a) the direct materials price variance, direct materials quantity variance, and total direct materials cost variance; (b) the direct laborate variance, direct labor time vari ance, and total direct labor contalance, and the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance 4:55 PM 6/21/2000 Home End % 5 6 & 7 8 9 0 Bac