assume during past mont fineway produced 10,000 cartons of highlighters. highlighters has a translucent barrel and cap with ink. each carton contains 100 boxes of markers and each box has 5 markers. the markers come in boxes of one of five colors- blue yellow orange , pink green

the standard cost for caton of 500 markers is

manufacturibg cost element quantity price cost

direct materials 500 * 0.03 $15

500 * 0.09 45

flourecent ink 5 litre * 6,40 $32

total direct material $92

direct labor 0.25 hours * 9.00 = 2.25

overhead 0.25 * $48 = $12

total prouction cost $106.25

find

a. total direct ,material variances

b. total direct labour variances

c.total overhead variance

d. whether fineway met its price and quantity objective material labour, overhrad