Direct Materials and Direct Labor Variar

ces

At the beginning of April, Winslow Toy Company budgeted $20,000$ toy action figures to be

manufactured in April at standard direct materials and direct labor costs as follows:

The standard materials price is $$0\mathrm{.}40$ per pound. The standard direct labor rate is $$9\mathrm{.}00$ per

hour. At the end of April, the actual direct materials and direct labor costs were as follows:

There were no direct materials price or direct labor rate variances for April. In addition,

assume no changes in the direct materials inventory balances in April. Winslow Toy Company

actually produced $18,200$ units during April.

Determine the direct materials quantity and direct labor time variances. Round your per

unit computations to two decimal places and round your answers to the nearest

dollar, if required. Enter a favorable variance as a negative number using a minus sign and

an unfavorable variance as a positive number.

Direct materials quantity variance

Direct labor time variance

$

Unfavorable $$