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Fortes Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on

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Fortes Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours Standard Quantity or Inputs Direct materials Direct labor Variable manufacturing overhead Hours per Unit of Output Standard 335 points 8.5 ounces 0.6 hours 0.6 hours Price on s 6.60 per ounce $24.80 per hour S 4.90 per hour )The company has reported the following actual results for the product for April: Actual output Raw materials purchased Actual cost of ras naterials purchased Raw materials used in production Actual direct labor-hours Actual direct labor cost Actual variable overhead cost 6,100 units 55,e50 ounces 303,010 51,860 ounces 3,360 hours s 86,810 s 15,717 Required a. Compute the materials price voriance for April, b. Compute the materials quantity variance for Apri c. Compute the labor rate variance for Apr d. Compute the labor efficlency variance for Apri e Compute the variable overhead rote variance for April f Compute the variable overhead efficiency variance for Apri Fortes Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours Standard Quantity or Inputs Direct materials Direct labor Variable manufacturing overhead Hours per Unit of Output Standard 335 points 8.5 ounces 0.6 hours 0.6 hours Price on s 6.60 per ounce $24.80 per hour S 4.90 per hour )The company has reported the following actual results for the product for April: Actual output Raw materials purchased Actual cost of ras naterials purchased Raw materials used in production Actual direct labor-hours Actual direct labor cost Actual variable overhead cost 6,100 units 55,e50 ounces 303,010 51,860 ounces 3,360 hours s 86,810 s 15,717 Required a. Compute the materials price voriance for April, b. Compute the materials quantity variance for Apri c. Compute the labor rate variance for Apr d. Compute the labor efficlency variance for Apri e Compute the variable overhead rote variance for April f Compute the variable overhead efficiency variance for Apri

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