Inputs

Direct Materials

Direct Labor

Variable Overhead

Standard Quantity$/$Hours

$5\mathrm{.}2$ Kilos

$0\mathrm{.}3$ Hours

$0\mathrm{.}3$ Hour

Standard Price$/$Rate

$$7\mathrm{.}00$ per Kilo

$$25\mathrm{.}00$ per hour

$$1\mathrm{.}50$ per hour

The company reported the following results concerning this product in October.

$\backslash$table$[[$Actual Output,$8,100,$units$],[$Purchase of raw materials,$43,130,$kilos$],[$Actual direct labor$-$hours,$2,570,$hours$],[$Raw materials used in production,$46,700,$kilos$],[$Cost of raw materials,$$294,210,$Total$],[$Cost of direct labor,$$61,680,$Total$],[$Actual variable overhead rate,$$3\mathrm{.}00,$per hour$]]$

The materials price variance is recognized when materials are purchased. Variable overhead is applied on the basis of direct labor$-$hours.

Required $($Answers should not include commas nor negative signs. Answers should be in the format $4000F$ or $4000U)$: $$ Compute the materials quantity variance.

$$ Compute the materials price variance.

$$ Total Material Variance

$$ Compute the labor efficiency variance.

Compute the direct labor rate variance.

$$ Total Labor Variance

$$ Compute the variable overhead efficiency variance.

$$ Compute the variable overhead rate variance.

$$ Total Variable Overhead Variance