Eastern Polymers, Inc., processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 6,400 units of product were as follows: Standard Costs Actual Costs Direct materials 9,000 lbs. at $6.10 8,900 lbs. at $6.00 Direct labor 1,600 hrs. at $17.00 1,640 hrs. at $17.50 Factory overhead Rates per direct labor hr., based on 100% of normal capacity of 1,670 direct labor hrs.: Variable cost, $4.10 $6,490 variable cost Fixed cost, $6.50 $10,855 fixed cost Each unit requires 0.25 hour of direct labor. Required: a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Price variance $ Quantity variance $ Total direct materials cost variance

b. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Rate variance $ Time variance $ Total direct labor cost variance $

c. Determine variable factory overhead controllable variance, the fixed factory overhead volume variance, and total factory overhead cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Variable factory overhead controllable variance $ Fixed factory overhead volume variance $ Total factory overhead cost variance

A. Price variance $______

Quantity variance $_______

Total direct materials cost variance $______

B. Rate variance $______

Time variance $______

Total direct labor cost variance $______

C. Variable factory overhead controllable variance $_____

Fixed factory overhead volume variance $_______

Total factory overhead cost variance $_______