Compute the total overhead variance.

Total Overhead variance

$

UnfavorableNeither favorable nor unfavorableFavorable

Hart Labs, Inc. provides mad cow disease testing for both state and federal governmental agricultural agencies. Because the company's customers are governmental agencies, prices are strictly regulated. Therefore, Hart Labs must constantly monitor and control its testing costs. Shown below are the standard costs for a typical test. Direct materials (2 test tubes @ $1.90 per tube) Direct labor (1 hour @ $31 per hour) Variable overhead (1 hour @ $6.00 per hour) Fixed overhead (1 hour @ $12.00 per hour) Total standard cost per test $3.80 31.00 6.00 12.00 $52.80 The lab does not maintain an inventory of test tubes. As a result, the tubes purchased each month are used that month. Actual activity for the month of November 2020, when 900 tests were conducted, resulted in the following. Direct materials (1,890 test tubes) $3,402 Direct labor (945 hours) 27,405 Variable overhead 4,860 Fixed overhead 10,512 Monthly budgeted fixed overhead is $16,080. Revenues for the month were $59,400, and selling and administrative expenses were $4,100. (a) Your answer is correct. Compute the price and quantity variances for direct materials and direct labor. Materials price variance $ 189 i Favorable Materials quantity variance $ 171 Unfavorable Labor price variance $ 1890 i Favorable Labor quantity variance $ 1395 i Unfavorable e Textbook and Media List of Accounts Attempts: 2 of 10 used