compute the missing values

Your answer is partially correct. Swifty Corporation manufactures a single product. The standard cost per unit of product is shown below. $7.00 19.20 12.00 Direct materials- 1 pound plastic at $ 7.00 per pound Direct labor - 1.6 hours at $ 12,00 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit 4.00 $42.20 The predetermined manufacturing overhead rate is $ 10 per direct labor hour ($ 16+ 1.6). It was computed from a master manufacturing overhead budget based on normal production of 8,640 direct labor hours (5,400 units) for the month. The master budget showed total variable costs of $ 64,800 ($ 7.50 per hour) and total fixed overhead costs of S 21,600 ($ 2.50 per hour). Actual costs for October in producing 5.240 units were as follows. $ 40,278 101,052 Direct materials (5,480 pounds) Direct labor (8,020 hours) Variable overhead Fixed overhead Total manufacturing costs 64,560 22,400 $ 228,290 The purchasing department buys the quantities of raw materials that are expected to be used in production each month. Raw materials inventories, therefore can be ignored. The purchasing department buys the quantities of raw materials that are expected to be used in production each month. Raw materials inventories, therefore, can be ignored. (a) Compute all of the materials and labor variances. $ 3598 Unfavorable Total materials variance $ 1918 Unfavorable Materials price variance $ 1680 Unfavorable Materials quantity variance $ 444 Unfavorable Total labor variance $ Unfavorable Labor price variance Labor quantity variance Ft $ Favorable