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Bloom Manufacturing Corporation makes a product with s. Inputs Direct materials... Direct labor Variable overhead .2 kilos 0.3 hours 0.3 hours 56.00 per kile 522.00

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Bloom Manufacturing Corporation makes a product with s. Inputs Direct materials... Direct labor Variable overhead .2 kilos 0.3 hours 0.3 hours 56.00 per kile 522.00 per hour $2.00 por hour The company reported the following results concerning this product in Actual output. Raw materials used in production... Actual direct labor-hours. Purchases of raw material Actual price of raw materials...$73.70 per hour Actual direct labor rate 8,100 units 2,570 hours S5.70 per kilo S1.80 per hour 46,700 kilos Actual variable overhoad rate.. The materials price variance is recognized when materials are purchased. Variable overhead is applied on the basis of direct labor-hours. a. Compute the materials quantity variance b. Compute the materials price variance. c. Compute the labor efficiency variance. d. Compute the direct labor rate variance. e. Compute the variable overhead efficiency variance. f. Compute the variable overhead rate variance

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