its of product w as Direct Materials. Direct Labor and Factory Overhead Cost lance is Macdna in processes a base chemical into plastic Standard costs and actual costs for Srect materials direct labor, and factory overhead incurred for the manufacture of Standard Costs Actual Costs Direct materials 207,200 lbs. at $5.00 205100 $4.80 Direct labor 15,500 $18.70 18.050 $18.90 Factory overhead Rates per direct labore based on 100% of a Capacity of 19.310 direct Variate , 3.20 Fedo, 15.10 158,610 valable cost $98.481 cost Enchiries 0.25 hour of direct labor avance ter a favorable variance as a negative numbering a mission and an o variance as a po 3. Determine the direct materials price variance, direct mais quantity warian Direct Materia Price Variance Direct Materials Quant Variance Total Direct Materials Cost Variance b. Determine the direct labor rate variance, direct labore Bale Variance Direct Labor Time Variance Total Direct Labor cost Variance Determine the variable factory overhead controllable variance, and factory overhead Varade factory overhead cor e variance Total factory overhead cost wariance