BOOK Calculator Derect Materials, Dext Labor and Factory Overhead Cost Variance Analysis Macaw Inc. processes a base chemical to patti Standard costs and actual costs for direct materials, drect Labor and factory overhead incurred for the manufacture of 70.000 units of product were as follows: Standard Costs Actual Costs Direct 210,000 lbs. at $1.00 200,500 a $4.70 Direct Labor 19,500 s, at $12.00 19,950 $16.10 Factory overhead Rates per direct labore based on 100% of apoy of 20,350 derec labor Varicost $3,10 $59,150 variable cost Foxed cost $4.90 $99,715 fixed cost Each unters 0.25 hour of direct labor Required: a. Determine the direct materials price variance, direct maternity Variance, and total direct materials cost anano ter a favorable variance as a negative number ng aussion and an unfavorable variance as a positive number Direct Material Price Vrance Favorable Direct Materials Quantity Variance Total Direct Materials Cost Varian Favorable Prevous Check My Won o 3 ENG 6 E # 11 6 S O o P H K L NIM 050 B b. Determine the direct laborate variance, direct labor time variance, and total detect Labor cost variance. Enter a favorable arunce as a negative rumber using a musson and an unfavorable variance as a positive number Direct Labor Rate Variance Unfavorable Direct Labor Tiene Vanance tofavorable Total Doct Labor Cost Variance tai av all / c. Determine variable factory overhead controllable variance, the five factory overhead volume vanance, and total factory overhead cost variance. Enter a favorable variance as a negative number using a sign and an unfavorabile variance as a positive number Variable factory overhead controllable variance Favorable Foxed factory overhead volume Vic Unfavorable Total factory overhead cout variance favorable Unibane can be thought at as increasing costs a coon Favorable viances can be that of us decreasing concedes The factory contritio vartance is the difference between the variable overhead and the budgeted ved for at production The the factory overhead volume vanance is the trence between the budget tudovat 100% of normalt and the standard door DES coming cam Previc Check My Work de ENG O 8 9 2 P U L H BIN M