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Fortes Inc. has provided the following data concerning one of the products in its standard cost system. Materials price variances is calculated on material purchased

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Fortes Inc. has provided the following data concerning one of the products in its standard cost system. Materials price variances is calculated on material purchased and materials quantity is based on Material used in production. Variable manufacturing overhead is applied to products on the basis of direct labor-hours Standard Quantity or Hours per Unit of Output Standard Price or Inputs Direct materials Direct labor Variable manufacturing overhead Rate 8.2 0.6 ounces S 6.30per ounce hours S 21.80per hour hours $ 4.60per hour The company has reported the following actual results for the product for April 0.60 Actual output Raw materials purchased Actual cost of raw materials purchased Raw materials used in production Actual direct labor-hours Actual direct labor cost Actual variable overhead cost 5800units 48,400ounces S 289,600 47,580ounces 3170hours S 73,240 S 13,884 Required: Enter all numbers as positive and rounded to the nearest dollar Materials price variance Materials quantity variance Labor rate variance Labor efficiency variance Variable overhead rate variance Variable overhead efficiency variance

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