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following standard costs for the tests have been developed by the company's controller. Landon Carson, based on performing 2.100 core tests per month. Direct materials

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following standard costs for the tests have been developed by the company's controller. Landon Carson, based on performing 2.100 core tests per month. Direct materials Direct labor Variable overhead Fixed overhead Total standard cost per test . 1622AM Chapter 6 HW 3 of 3 enter o for the amounts) Direct materials price variance At the end of March, London reported the following operational results The company actually performed 2.250 core tests during the month 8.500 pounds of direct materials were purchased during the month at a total cost of $5,600. 6.300 pounds of direct materials were used to conduct the core tests. 850 direct labor hours were worked at a total cost of $9.775. Actual variable overhead was $7,800. Standard Price $0.50 per pound $10 per DLH $9 per DLH $16 per DLH Direct materials quantity variance Standard Quantity Direct labor rate variance 4 pounds 0.50 DLH 0.50 DLH 0.50 DLH Standard Cost Direct labor efficiency variance $200 Unfavorable 0.86/6 5.00 450 8.00 $19.50 (b) Calculate the direct materials quantity variance for March (Round answer to 0 decimal places, es 5.275. If variance is zero, select "Not Applicable and enter O for the amounts) Favorable E (c) Calculate the direct labor rate variance for March (Round per unit value to 2 decimal places, es 52.75 and final answer to 0 decimal places, eg 5,275. If variance is zero, select "Not Applicable and enter O for the amounts) (d) Calculate the direct labor efficiency variance for March. (Round answer to 0 decimal places, eg 5,275. If variance is zero, select "Not Applicable and enter O for the amounts) I (e) Calculate the variable overhead spending variance for March. (Round per unit value to 2 decimal places, e.g. 52.75 and final answer to O decimal places, e.g. 5,275. If variance is zero, select "Not Applicable" and enter O for the amounts.) Variable overhead spending variance https://education.wiley.com/was/ui/v2/assessment-player/index.html "launchid-60c26985-044-49ed-b172-19e81c1ac478/question/2 7/6/22,6:53 AM Chapter 6 HW 3 of 3 Fixed overhead spending variance eTextbook and Media $ (g) Calculate the fixed overhead spending variance for March. (Round per unit value to 2 decimal places, e.g. 52.75 and final answer to O decimal places, e.g. 5,275. If variance is zero, select "Not Applicable" and enter O for the amounts.) Save for Later $ NWP Assessment Player UI Application 0.86/6 Attempts: unlimited Submit Answer 2/3

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