By My scarecrows Im/takeAssignment/takeAssagnmentMain.do?invoker- assignments&takeAssignmentSessionlocator assignment take8anprogress faloe eBook Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Madnaw Inc. processes a base chemical into plastic. Standard costs and actual costs for diredt materials, diredt Calculator manufacture of 4,400 units of product were as follows labor, and factory overhead incarred for the Standard Costs Actual Costs Direct materials 5,700 lb. at $5.60 Direct labor Factory overhead Rates per direct labor hr 5,600 lb. at $5.40 1,100 hrs. at $17.80 1,130 hrs. at $18.00 based on 100% of normal capacity of 1,150 direct labor hrs.: Variable cost, $4.70 $5,120 variable cost Fixed cost, $7.40 $8,510 fixed cost Each unit requires 0.25 hour of direct labor Required: a. Determine the direct materials price variance, direct materials quantity variance, and t otal direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance asa Direct materials price variance Direct materials quantity variance Total direct materials cost variance S positive numbe Pevous 2 more Check My Wiork uses remaining 19 PM By My scarecrows fave im takeAssignment tak Assignment Mando7mvoker-assag ments tak.Auw rnen Stition notasipin nt ,atalomra ras eBook Each unit requires 0.25 hour of direct labor Required a. Determine the direct materials price variance, direct materials quantity varlance, and total direct negative number using a minus sign and an unfavorable varlance as a poaltive number Direct materials price varlance Direct materials quantity variance Total direct materials cost variance b. Determine the direct tabor rate variance, direct labor time variance, and total direct labor cost vatance. Enter a favorittevaraosmgative number using a minus sign and an unfavorable variance as a positive number Direct labor rate variance Direct labor time variance materials cost varlance. Ertes a favoralde variance s Total direct labor cost varlance overhead cost variance. Enter a c. Determine variable factory overhead controllable favorable variance as a negative number using a minus sign and an unfavorable variance as a positive Variable factory overhead controllable variance Fixed factory overhead volume variance Total factory overhead cost varance variance, the fixed factory overhead volume variance, and total factory number 2 more Check My Work uset remanng 20 PM Check Hy Work