Complete the following table, showing the direct materials variance relationships for July for Sole Purpose Shoe Company. If required, round your answers to two decimal places. When entering variances, use a negative number for a favorable cost variance, and a positive number for an unfavorable cost variance.

Actual Cost								Standard Cost
Actual Quantity	X	Actual Price		Actual Quantity	X	Standard Price		Standard Quantity	X	Standard Price
______	X	_____		_____	X	_____		______		______
	= ___________				=____________				= ___________
			Favorable or Unfavorable Direct Materials Price/Time/Rate/Quantity/Cost Variance:________				Favorable or Unfavorable Direct Materials Quantity/Time/Price/Rate/Quantity/Cost Variance:______________
					Favorable or Unfavorable Total Direct Materials Time/Price/Rate/Quantity/Cost Variance:_______

Under normal conditions, Sarah pays her employees $8.50 per hour, and it will take 2.8 hours of labor per pair of shoes. During August, Sole Purpose Shoe Company incurred actual direct labor costs of $65,340 for 7,260 hours of direct labor in the production of 2,100 pairs of shoes.

Complete the following table, showing the direct labor variance relationships for August for Sole Purpose Shoe Company. If required, round your answers to two decimal places. When entering variances, use a negative number for a favorable variance, and a positive number for an unfavorable variance.

Actual Cost								Standard Cost
Actual Quantity	X	Actual Price		Actual Quantity	X	Standard Price		Standard Quantity	X	Standard Price
______	X	_____		_____	X	_____		______		______
	= ___________				=____________				= ___________
			Favorable or Unfavorable Direct Materials Price/Time/Rate/Quantity/Cost Variance:________				Favorable or Unfavorable Direct Materials Quantity/Time/Price/Rate/Quantity/Cost Variance:______________
					Favorable or Unfavorable Total Direct Materials Time/Price/Rate/Quantity/Cost Variance:_______

Sarah has learned a lot from you over the past two months, and has compiled the following data for Sole Purpose Shoe Company for September using the techniques you taught her. She would like your help in preparing a Budget Performance Report for September. The company produced 3,000 pairs of shoes that required 10,500 units of material purchased at $8.20 per unit and 8,100 hours of labor at an hourly rate of $8.90 per hour during the month. Actual factory overhead during September was $24,300. When entering variances, use a negative number for a favorable cost variance, and a positive number for an unfavorable cost variance.

Use the data in the following table to prepare the Budget Performance Report for Sole Purpose Shoe Company for September.

Manufacturing Costs	Standard Price	Standard Quantity	Standard Cost Per Unit
Direct materials	$8.40 per unit	3.6 units per pair	$30.24
Direct labor	$8.50 per hour	2.8 hours per pair	23.80
Factory overhead	$2.70 per hour	2.8 hours per pair	7.56
Total standard cost per pair			$61.60

Sole Purpose Shoe Company

Budget Performance Report

For the Month Ended September 30

1	Manufacturing Costs	Actual Costs	Standard Cost at Actual Volume	Cost Variance - (Favorable) Unfavorable
2	Direct materials
3	Direct labor
4	Factory overhead
5	Total manufacturing costs