Jimmy, Inc. manufactures bags made out of woven organic fabric for national distribution.

The standard costs for the manufacture of native style bags were as follows:

		Standard Costs		Actual Costs
Direct materials	1,500 lbs. at $36	1,600 lbs. at $32
Direct labor	4,800 hrs. at $11	4,500 hours at $11.80
Factory overhead	Rates per labor hour, based
	on 100% of normal capacity
	of 5,500 labor hours:
	Variable cost, $2.40	$12,300 variable cost
	Fixed cost, $3.50	$19,250 fixed cost

Determine the following cost variances:

a. Materials Quantity Variance

b. Materials Price Variance

c. Total Material Variance

d. Labor Time Variance

e. Labor Rate Variance

f. Total Labor Variance

g. Total FOH Variance

h. Controllable Variance

i. Volume Variance

j. Spending Variance

k. Variable Efficiency Variance

l. Variable Spending Variance

m. Fixed Spending Variance

n. Variable Controllable Variance

o. Fixed Volume Variance

p. Variable FOH Variance

q. Fixed FOH Variance