BusinessCourse Material, Labor, and Variable Overhead Variances The following summarized manufacturing data relate to Brown Corporation's May operations, during which 2,000 finished units of product were produced. Normal monthly capacity is 1,100 direct labor hours Direct material Standard D $11.00) Actual 6,400 h. @$11.30/3 Standard Units Costs Total Actual Costs 333 $72.320 Direct labor Standard (0.5 hr. @$23/hr.3 $12 Actual (950 hrs. @122.80/hr) 21.660 Variable overhead Standard (0.5 hr. $13/hr) Achial 57 13.300 Total 551 $107,280 Determine the following variances Do not use negative signs with any of your answers. Next to each variance answer, select either "F" for Favorable or "U" for Unfavorable. Materials Variances Actual cost Spit cost Standard cost Materials price Materials efficiency 5 Labor Variances Actual cost Split cost Standard cost S Labor rate $ Labor efficiency