Ayala Corporation accumulates the following data relative to jobs started and finished during the month of June 2020.

Costs and Production Data		Actual		Standard
Raw materials unit cost		$2.10		$1.95
Raw materials units		11,100		10,300
Direct labor payroll		$150,000		$145,350
Direct labor hours		15,000		15,300
Manufacturing overhead incurred		$232,308
Manufacturing overhead applied				$235,008
Machine hours expected to be used at normal capacity				43,500
Budgeted fixed overhead for June				$69,600
Variable overhead rate per machine hour				$3.20
Fixed overhead rate per machine hour				$1.60

Overhead is applied on the basis of standard machine hours. 3.20 hours of machine time are required for each direct labor hour. The jobs were sold for $458,000. Selling and administrative expenses were $42,000. Assume that the amount of raw materials purchased equaled the amount used.

	Your answer is partially correct. Try again.

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 answers to 0 decimal places, e.g. 52.)

(1)

Total materials variance

$

		Materials price variance		$

		Materials quantity variance		$

(2)		Total labor variance		$

		Labor price variance		$

		Labor quantity variance		$

Show List of Accounts
Link to Text	Link to Video

	Your answer is incorrect. Try again.

Compute the total overhead variance.

Total overhead variance

$