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$74,000$ ?units of product were as follows:

$\backslash$table$[[,$Standard Costs,Actual Costs$],[$Direct materials,$236,800lbs.$ ?at $$5\mathrm{.}60$ ?per lb$.,234,400$ ?lbs$.$ ?at $$5\mathrm{.}50$ ?per lb$.],[$Direct labor,$18,500$ ?hrs$.$ ?at $$18\mathrm{.}10$ ?per hr$.,18,930$ ?hrs$.$ ?at $$18\mathrm{.}50$ ?per hr$.],[$Factory overhead,$\backslash$table$[[$Rates per direct labor hr$.,$ ?based on $100\%$ ?of normal$],[$capacity of $19,310$ ?direct labor hrs$.$:$]],],[$Variable cost$,$ ?$$2\mathrm{.}80,$$$51,280$ ?variable cost$],[$Fixed cost$,$ ?$$4\mathrm{.}40,$$$84,964$ ?fixed cost$]]$

Each unit requires $0\mathrm{.}25$ ?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.

Direct Materials Price Variance $?$

$?$

Direct Materials 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.

Direct Labor Rate Variance $?$

Direct Labor Time Variance $?$

Total Direct Labor Cost Variance

$

$4$ ?more Check My Work uses remaining

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