Ayala Corporation accumulates the following data relative to jobs started and finished during the month of June 2017. Costs and Production Data Standard Actual Raw materials un cost $2.00 $1.80 10,800 Raw materials units used 11,200 Direct labor payroll $177,310 $170,240 Direct labor hours worked 14,900 15,200 Manufacturing overhead incurred $225,608 Manufacturing overhead applied $228,608 Machine hours expected to be used at normal capacity 41,500 $62,250 Budgeted fixed overhead for June Variable overhead rate per machine hour $3.20 Fixed overhead rate per machine hour $1.50 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 $500,000. Selling and administrative expenses were $41,400. Assume that the amount of raw materials purchased equaled the amount used *(a) MYour answer is correct. Compute a of the variances for (1) direct materials and (2) direct labo (Round answers to 0 decimal places, e.g. 125.) (1) Total materials variance 2960 Unfavorable Materials price variance 2240 Unfavorable Materials quantity variance 120 Unfavorable (2) Total labor variance 070 Unfavorable Labor price variance 0430 Unfavorable Labor quantity variance 360 Favorable Attempts: 1 of 15 used *(b) Your answer is correct. Compute the total overhead variance. Total overhead variance avorable Attempts: 1 of 15 used (c)