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At the beginning of August, Havasu Printers Company budgeted 16,000 books to be printed in August at standard direct materials and direct labor costs as

At the beginning of August, Havasu Printers Company budgeted 16,000 books to be printed in August at standard direct materials and direct labor costs as follows: Direct materials $9,600 Direct labor 9,600 Total $19,200 The standard materials price is $0.40 per pound. The standard direct labor rate is $15.00 per hour. At the end of August, the actual direct materials and direct labor costs were as follows: Actual direct materials $8,900 Actual direct labor 8,900 Total $17,800 There were no direct materials price or direct labor rate variances for August. In addition, assume no changes in the direct materials inventory balances in August. Havasu Printers Company actually produced 14,400 units during August. Determine the direct materials quantity variance, the direct labor time variance, and the total variance. Enter a favorable variance as a negative amount, and an unfavorable variance as a positive amount. Direct materials quantity variance $fill in the blank 1 Unfavorable Direct labor time variance fill in the blank 3 Unfavorable Total variance $fill in the blank 5 Unfavorable

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