Dvorak Company produces a product that requires five standard pounds per unit. The standard price is $2.50 per pound. If 1,000 units require 4, 500 pounds which were purchased at $3.00 per pound, what is the price variance, quantity variance, cost variance Dvorak Company produces a product that requires three standard hours per unit, at a standard hourly rate of $17 per hour. If 1,000 units require 2, 800 hours at an hourly rate of $16.50 per hour, what is the direct labor rate variance, time variance, and cost variance? Dvorak Company produced 1,000 units of product that required three standards hours per unit. The standard fixed overhead cost per unit is $.60 per hour at 3, 500 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance