Het Announcements CALCULATO R Problem 11-2A (Video) Ayala Corporation accumulates the following data relative to jobs started and "inished during the month of June 2020. Cests and Production Data Actual Standard 11.000 SIGN 16.60 211.720 acturing overhead oled 5214320 573.950 Overhead is applied on the basis of standard machine hours. 3.00 hours of machine time are required for each direct labor hour. The jobs were sold for $487,000. Selling and administrative expenses were $39,300. Assume that amount of raw materials purchased equaled the amount used. Your answer is partially correct. Try again. Compute all of the variances for (1) direct materials and (2) direct labor. (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to o decimal places, e.g. 52.) 11) Total materiais variance 1940 Material price rance 1140 Materials quantity variance Total labor variance 12) Labor price variance 4900 Your answer is incorrect. Try again. Compute the total overhead variance. Tal vertel variance LITY TO wl your answer is incorrect Try again VERSION BACK NEXT Laber y variance Your answer is incorrect. Try again. Compute the total overhead variance. Your answer is incorrect. Try again. Prepare an income statement for management. (Ignore income taxes.) (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to o decimal places, e.g. 52.) AYALA CORPORATION Income Statement AAAA Que Atempt 1 of 3 used WE FOR LATER SUBMIT ARE