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Doby Corpotation makes a product with the following standard costs In July the compary produced 5,020 units using 14,000 ounces of the direct material and

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Doby Corpotation makes a product with the following standard costs In July the compary produced 5,020 units using 14,000 ounces of the direct material and 1,025 direct laber-hours. During the month the company purchased 15,150 ounces of the direct materiaf at a price of $7.2 per ounce The actual ditect labor rate was $162 pet purchased Variable overhead is applied on the basis of direct labor-hours. Required: a: Compute the moterials quontity variance. b. Compute the materials price variance. c. Compute the fabor elficiency variance d Compute the labor rate variance e. Compute the variable overheded efficiency variance 1 Compute the variable overthead rate variance. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfovorable, and "None" for no effect (Le., zero fariance). Input all omounts as positive values

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