Direct materials (6 pounds at $1.60 per pound) $9.60 Direct labor (3 hours at $11.00 per hour) $33.00 During the month of April, the company manufactures 180 units and incurs the following actual costs. Direct materials purchased and used (2,400 pounds) $4,320 Direct labor (560 hours) $6,048 8 250 | | Compute the total, price, and quantity variances for materials and labor. ato / / / / Total materials variance $ Unfavorable / / // / Materials price variance Unfavorable / / / / Materials quantity variance Z $ Unfavorable / / / / / Total labor variance Unfavorable / / / / Labor price variance Favorable / 1 / 7 Labor quantity variance Unfavorab / / Type of Materials Quantity Purchased Variance Report-Purchasing Department For Week Ended January 9, 2020 Standard Price $4.95 $6.700 Price Variance Unfavorable Explanation Rogue 11 Price increase Storm 17 7.800 O. $1,404 Rush order Bought larger Beast29 22.100 units Oriole Company's overhead rate was based on estimates of $864,000 for overhead costs and 86.400 direct labor hours. Oriole's standards allow 4 hours of direct labor per unit produced. Production in May was 1.835 units, and actual overhead incurred in May was $74,310. The overhead budgeted for 7340 standard direct labor hours is $73.120 ($14.400 foxed and $58,720 variable) mates of $864 14 400 fixed and was 1835 units Compute the total controllable, and volume variances for overhead. colume varia Unfavorable Total Overhead Variance Overhead Controllable Variance Overhead Volume Variance Unfavorable Favorable