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Cuttoff part: Rudd Clothiers is a small company that manufactures tall-mens suits. The company has used a standard cost accounting system. In May 2017, 10,200 suits were produced. The following standard and actual cost data applied to the month of May when normal capacity was 16,500 direct labor hours. All materials purchased were used.

Problem 25-3A Rudd Clothiers is a small company that manufactures tal men's sui The company has used a standard cost accounting system In 2017, May 10,200 suits were produ All materials purchased were used. Cost Element Standard (per unit) Actual Direct materials 10 yards at $4.30 per yard $426,620 for 102,800 yards ($4.15 per yard) Direct labor 1.20 hours at $14.00 per hour $183,612 for 12,840 hours 14.30 per hour) 1.20 hours at $6.00 per hour (fixed $3.50; variable $2 $48,800 fixed overhead $36,500 variable overhead Overhead Overhead is applied on the basis of direct labor hours. At normal capacity, budgeted fixed overhead costs were $57,750, and budgeted variable overhead was $41,250. (a) Compute the total, price, and quantity variances for (1) materials and (2) labor. (Round answers to o decimal places, e.g. 125.) (1) Total materials variance Materials price variance Materials quantity variance (2) Total labor variance Labor price variance Labor quantity variance (b) Unfavorable Favorable Compute the total overhead variance. Neither favorable nor unfavorable Total overhead variance