Cargowinaching and in our 1. Why Are Standard Contoh Mata Cho One Of The Fowing Topics To We About 1 C book Printem Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Ine. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 7,200 unts of product were as follows: Standard Costs Actual Costs Direct materials 9,400 lb. a $4.80 9.300 ib. at $4.60 Direct labor 1,800 hrs. at $16.20 1,840 hrs. at $16.40 Factory overhead Rates per direct labor hr, based on 100% of normal capacity of 1.880 direct labor hrs. Variable cost, $4.50 $8.200 variable cost Fixed cost, 57.30 $13,724 Rxed cost Each unit requires 0.25 hour of direct labor. Required: .. Determine the direct materials are an, direct materiais quantity ortance, and total direct materials costvariance. Enter a favorable variance negative number nga minus in and an unfavorable variance as a positive number Direct material price variance Direct materials que variance Total direct materials cost wariance Check My Work Next SALGO $13,724 fixed cost Fixed cost, $7.30 Each unit requires 0.25 hour of direct labor. TALGO Required: a. Determine the drect materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an avorable variance as a positive number Direct materias prie variance Direct material quantity variance Total direct materials cost variance b. Determine the direct laborate variance, direct labor time variance, and to direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number Direct laberrate variance Director time variance Tot direct labor cost variance cermine variable factory overhead contrast, the food factory overhead vorme cand total factory overhead cost variance Enter a favorable wariance as a negative bring minus sign and an unfavorable variance as a positive humbet Vanbefactory overhead controllable variance Fixed factory over volume variante Thistory overhead cost variance Check My Checker Submission for Grading W 22