Direct Materials Linder normal condition, Sarah spende 8.40 per unit of materials, and it will take 3.0 units of material per pair of shoes. During Suly, Sole Purpose Shoe Company incurred actual direct mariscosts of 501 121 for 6.890 units of direct materials in the production of 2.175 pairs of shoes Complete the following table, showing the direct materiais variance relationships for July for Sole Purpose Shoe Company. It required, round your answers to two decimal places when entering van use a negative number for a favorable cost variance, and a positive number for an unfavorable cost variance a Actual Cost Actual Actual Standard Standard X x Quantity Price Quantity Price Quanti X Actual Direct Material Variante Direct Material Variante Total Direct Materials Varance Direct Labor Under normal conditions, Sarah pays her employees 58.50 per hour and it will take 2.0 hours of labor per pair of shoes. During August, Sole Purpose Shoe Company incurred actual directator costs of 65,860 to 7.320 hours of drect labor in the production of 2,100 bars of shoes winna Slaces. When entering variances, use a Standard Cost Standard Quantity Standard Price $ = $ Direct Materials Variance: Direct Labor Under normal condition, Sorah port her employees $8.50 per nout, and it will take 2.00 hours of labor per pair of shoes. During August. folie Purpose Shoe Company nourred actusi direct the costs of 365,000 for 7,320 hours of direct labor in the production of 2.100 pair of shoes Complete the following table, chewing the direct labor variance relationships for August forse Purpose Shox Company, teoret, round your owerste two decimal places. When entering verance negative number for a favorable variance, and a positive number for an unfavorable variante Actual Com Actual Actual Standard Standard Hours Rate Hours Standard Actual Hours X X Rate x Direct Labor Variance Direct Labor Variance: Total Direct Labor Variance Budget Performance Report and lot from you get the past two months, and has compiled the following data for Sole Purpose Shoe Company for September using the techniques you taught her. She would like your help in mpany incurred actual direct labor costs of $65,880 for -decimal places. When entering variances, use a Standard Cost Standard Standard Rate Hours X Direct Labor Budget Performance Report Sarah has learned a lot from you ever the past two months and has compiled the following data for Sole Purpose Shoe Company for September wing the techniques you taught her she would be your helpin preparing a Budget Performance Report for September. The company produced 3,000 pairs of shoes that required 10.500 units of material purchased M 58.20 per und 8,100 hours of brutan Polyester $5.90 per hour during the month. Actual factory overhead during September was $24.900. When extering variances, vie a negative number for a table con variance and positive number for an unfavorable cost variance Use the data in the following table to prepare the budget Performance Report for Sole Purpose Shoe Company for September Standard Standard Standard Cost Manufacturing Costs Price Quantity Per Unit Direct materials 58.40 per 3.60 units per pair $30.24 Direct labor $8.50 per hour 2.80 hours per pair 23.80 Factory overhead $2.70 per hour 2.80 hours per pair 7.56 Total standard cost per pair $61.60 Sole Purpose Shoe Company Budget Performance Report For the Month Ended September 30 Standard Cost at Actual Volume Cost Variance (Favorable) Unfavorable Actual Costs Manufacturing Costs Direct materials Sole Purpose Shoe Company Budget Performance Report For the Month Ended September 30 Cost Variance (Favorable) Unfavorable Standard Cost at Actual Volume Actual Costs Manufacturing Costs Direct materials Direct labor Factory overhead Tocal manufacturing costs Final Questions Before Sarah makes any changes based on the Budget Performance Report for September she wants to be sure she understand the results, and has the following questions for you Answer the following questions (1) and (2). All questions pertain to the September data 1. What caused the total cost variance for direct materials? a. The actual quantity of direct materials per unit was less than the standard quantity 6. The actual price for direct materials per unit was less than the standard price c. The favorable price variance dominated the unfavorable quantity variance, causing the total cost variance for direct materials to be favorable Before Sarah makes any changes based on the Budget Performance Report for September she wants to be sure she understand the results, and has the following questions for you Answer the following questions (1) and (2), Ad guestions pertain to the September data 1. What caused the total cost variance for direct materials a. The actual quantity of direct materials per unit was less than the standard quantity b. The actual price for direct materials per unit was less than the standard prior The favorable price variance dominated the unfavorable quantity wariance, causing the total cost variance for direct materials to be favorable d. The unfavorable quantity variance dominated the favorable price variance, causing the total cost variance for direct materiale to be interest A factor other than those sted caused the total cost variance for direct materials 2. What caused the total cost variance for Hirect labor? a. The actual number of labor hours per unit was less than the standard number b. The unfavorable rate variance was larger than the favorable time variance, ching the total cost variance for direct labor to be unfavorable c. The favorable time variance was larger than the onfavorable rate variance, causing the total cost variance for direct laber to be favorable The actual rate for labor hours per unit was less than the standard rate. c. A factor other than those listed caused the total cost variance for direct labor