Accounting

Gandolph Game Company has established the following standards for the prime costs of one unit of its chief product, dartboards. Standard Standard Price or Cost Standard Quantity Rate Direct material $17.60 11.00 kilograms $1.60 per kilogram Direct labor 4.80 0.80 hour $6.00 per hour Total $22.40 During September, Gandolph purchased 357,000 kilograms of direct material at a total cost of $628,320. The total wages for September were $183,396, 75 percent of which were for direct labor. Gandolph manufactured 31,000 dartboards during September, using 316,200 kilograms of the direct material purchased in September and 26,970 direct-labor hours. Required: Compute the following variances for September. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance).) 1. Direct-material price variance 2. Direct-material quantity variance 3. Direct-material purchase price variance 4 Direct-labor rate variance 5. Direct-labor efficiency variance