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Cascade Incorporated has provided the following information: Standards: Per Unit Direct materials 5.00 pounds @ $4.60 per pound $ 23.00 Direct labor 2 hours @

Cascade Incorporated has provided the following information: Standards: Per Unit Direct materials 5.00 pounds @ $4.60 per pound $ 23.00 Direct labor 2 hours @ $12.61 per hour 35.00 Variable overhead (based on direct labor hours) 2 hours @ $21.00 per hour 42.00 Fixed overhead 11.00 Total $ 111.00 Budgeted production = 5,110 units Actual results: Direct materials 29,550 pounds @ $4.62 $ 136,521 Direct labor 11,620 @ $12.66 147,109 Variable overhead 130,420 Fixed overhead 134,300 Units produced

  1. Calculate the direct materials price variance.

Note: Do not round your intermediate calculations. Round your final answer to nearest dollar amount. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).

  1. Calculate the direct materials quantity variance.

Note: Round your final answer to nearest dollar amount. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).

  1. Calculate the direct labor rate variance.

Note: Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).

  1. Calculate the direct labor efficiency variance.

Note: Do not round intermediate calculations and round your final answer to nearest dollar amount. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).

  1. Calculate the variable overhead rate variance.

Note: Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).

  1. Calculate the variable overhead efficiency variance

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