I Love My Chocolate Company makes dark chocolate and light chocolate. Both products require cocoa and sugar. The following planning information has been made available :

Standard Amount per case

Dark Chocolate Light Chocolate Standard Price per pound

Cocoa $12$ lbs $8$ lbs $$7\mathrm{.}25$

Sugar $10$ lbs $14$ lbs $$1\mathrm{.}40$

Standard Labor time $0\mathrm{.}50$ hr $0\mathrm{.}60$ hr

Dark Chocolate Light Chocolate

Planned Production $4,700$ cases $11,000$ cases

Standard Labor rate $$15\mathrm{.}50$ per hr $$15\mathrm{.}50$ per hr

I Love My Chocolate Company does not expect there to be any beginning or ending inventories of cocoa or sugar. At the end of the budget year, I Love My Chocolate Company had the following actual results :

Dark Chocolate Light Chocolate

Actual Production $5,000$ cases $10,000$ cases

Actual Price per pound Actual pounds purchased and used

Cocoa $$7\mathrm{.}33140,300$

Sugar $$1\mathrm{.}35188,000$

Actual Labor rate Actual Labor Hours used

Dark Chocolate $$15\mathrm{.}25$ per hr $2,360$

Light Chocolate $$15\mathrm{.}80$ per hr $6,120$

$1.$ Prepare the following variance analysis for both chocolates and the total, based on the actual results and production levels at the end of the budget year: Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

a$.)$ Direct materials price variance

Direct materials quantity variance

Total Direct materials cost variance.

b$.)$ Direct labor rate variance

Direct labor time variance

Total Direct Labor cost variance.