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Doby Corporation makes a product with the following standard costs: In July the company produced 5 , 2 0 0 units using 1 4 ,

Doby Corporation makes a product with the following standard costs:
In July the company produced 5,200 units using 14,450 ounces of the direct material and 1,070 direct labor-hours. During the month
the company purchased 15,600 ounces of the direct material at a price of $7.2 per ounce. The actual direct labor rate was $16.2 per
hour and the actual variable overhead rate was $5.4 per hour. The materials price variance is computed when materials are
purchased. Variable overhead is applied on the basis of direct labor-hours.
Required:
a. Compute the materials quantity variance.
b. Compute the materials price variance.
c. Compute the labor efficiency variance.
d. Compute the labor rate variance.
e. Compute the variable overhead efficiency variance.
f. Compute the variable overhead rate variance.
Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero
variance). Input all amounts as positive values.
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