Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis \begin{tabular}{lll} & \multicolumn{1}{c}{ Standard Costs } & \multicolumn{1}{c}{ Actual Costs } \\ \hline Direct materials & 236,800lbs. at $5.80 & 234,400lbs. at $5.70 \\ Direct labor & 18,500hrs, at $16.70 & 18,930hrs. at $16.90 \\ Factory overhead & Rates per direct labor hr., \\ & based on 100% of normal \\ & capacity of 19,310 direct \\ & labor hrs.: \\ & Variable cost, $4.60 & $84,250 variable cost \\ & & \\ & Fixed cost, $7.30 & $140,963 fixed cost \end{tabular} Each unit requires 0.25 hour of direct labor. Required: number. DirectMaterialsPriceVarianceDirectMaterialsQuantityVarianceTotalDirectMaterialsCostVarianceFavorableFavorableFavorable \begin{tabular}{ll} Direct Labor Rate Variance & \multirow{2}{*}{ Unfavorable } \\ Direct Labor Time Variance & Unfavorable \\ Total Direct Labor Cost Variance & $ \end{tabular} variance as a positive number. Variable factory overhead controllable variance Fixed factory overhead volume variance Total factory overhead cost variance