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Blomdahl Corporation makes a product with the following standard costs: Inputs Standard Quantity/Hours Standard Price/Rate Direct Materials 5.2 Kilos $6.00 per Kilo Direct Labor 0.3

Blomdahl Corporation makes a product with the following standard costs: Inputs Standard Quantity/Hours Standard Price/Rate

Direct Materials 5.2 Kilos $6.00 per Kilo

Direct Labor 0.3 Hours $22.00 per hour

Variable Overhead 0.3 Hour $2.00 per hour The company reported the following results concerning this product in October.

Actual Output

8,100

units

Purchase of raw materials

46,700

kilos

Actual direct labor-hours

2,570

hours

Raw materials used in production

43,130

kilos

Cost of raw materials

$294,210

Total

Cost of direct labor

$53,970

Total

Actual variable overhead rate

$1.90

per hour

The materials price variance is recognized when materials are purchased. Variable overhead is applied on the basis of direct labor-hours. Required (Answers should not include commas nor negative signs. Answers should be in the format 4000 F or 4000 U):

. Compute the materials quantity variance.

. Compute the materials price variance.

. Compute the labor efficiency variance.

. Compute the direct labor rate variance.

. Compute the variable overhead efficiency variance.

. Compute the variable overhead rate variance.

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