Hi, I need help with this problem (attached).

H

elp is greatly appreciated -Thank you :)

PR 22-3A Direct materials, direct labor, and factory overhead cost variance OBJ.3, 4 analysis Aclamanlane Inc. processes a base chemical into plastic. Siandartl 'sls and acltlill cosis for direcl malerials, diret lalbo, an facy rhea incurred for the mufacture of 15,000 units of product were as follows: c. Controllable variance, $180 U Standard Costs Direct materials Direct labor Factory overhead Actual Costs 4,950 lbs. at $50.60 2,945 hrs. at $25.60 5,000 lbs. at $50.00 3,000 hrs. at $25.00 Rates per direct labor hr. based on 100% of normal capacity of 3,200 direct labor hrs. Variable cost, $5.50 Fixed cost, $4.00 516,680 variable cost $12,800 fixed cost Each unit requires 0.2 hour of direct labor Instructions Determine (a) the direct materials price variance, direct materials quantity variance, and total direct materials cost variance: (bthe direct laor rate varice, direct labor tme vari ance, and total direct labor cost variance; and the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance