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Computation of Variances and Other Missing Data The following data for O'Keefe Company pertain to the production of 300 units of Product X during December.

Computation of Variances and Other Missing Data The following data for O'Keefe Company pertain to the production of 300 units of Product X during December. Selected data items are omitted. Fill in the missing amounts. Direct materials (all materials purchased were used during period)

Standard cost per unit: Answer ? pounds at $3.20 per pound

Total actual cost: Answer ? pounds costing $5,668

Standard cost allowed for units produced: $5,760

Materials price variance: $Answer 0 Answer

Materials quantity variance: $96 U

Direct labor

Standard cost: 2 hours at $7.00

Actual cost per hour: $7.20

Total actual cost: $Answer ?

Labor rate variance: $Answer ? Answer

Labor efficiency variance: $140 U

Variable overhead

Standard costs: Answer ? hours at $4.00 per direct labor hour

Actual cost: $2,290

Variable overhead spending variance: $Answer ? Answer

Variable overhead efficiency variance: $Answer ? Answer

Please answer all parts of the question.

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