.manufactures garden hoses for large stores. The standard costs for a dozen garden hoses are as follows: Direct materials 20 m x $2 per metre = $40.00 Direct labour 3.40 hours x $12 per hour = $40.80 worked on three separate orders of garden hoses. Job cost records for the month disclose the During February following: Lot Units in Lot Materials Used Hours Worked 4503 1,000 dozen 20,100 m 2,940 4504 1,500 dozen 30,150 m 5,140 4505 2,600 dozen 52,260 m 2,900 You have been able to gather the following information: 1. purchased 106,000 m of material during February at a cost of $233,200. The materials price variance is recorded when goods are purchased, and all inventories are carried at standard cost. 2. The payroll department reported that production employees were paid $12.40 per hour. 3. There was no beginning work in process. During February, lots 4503 and 4504 were completed, and all materials were issued for lot 4505, which was 60% complete in terms of labour. 4. 1. for the applies fixed and variable overhead based on machine hours. Below are the results for month of February: The normal activity in machine hours 39,500 Flexible budget variable overhead per machine hour $2.70 Actual variable overhead cost incurred 116,910 Actual fixed overhead cost incurred 294,500 Variable overhead cost applied to production 117,450 Variable overhead efficiency variance (unfavourable) 8,370 Fixed overhead budget variance (unfavourable) 2,200 Calculate the following: The materials price, quantity, and total variances. Material price variance $ Neither Favourable nor Unfavourable Material quantity variance $ Total material variance $ The labour price, efficiency, and total variances. Labour price variance $ Labour efficiency variance $ Total labour variance $ The variable overhead spending, efficiency, and total variances. (Round per unit calculations to 2 decimal places, e.g. 1.25 and final answers to 0 decimal places, eg. 125.) Variable overhead spending Variable overhead efficiency variance $ Total variable overhead variance $ The fixed overhead spending, volume, and total variances. (Round per unit calculations to 2 decimal places, e.g. 1.25 and final answers to O decimal places, e.g. 125.) Fixed overhead spending variance $ Fixed overhead volume variance $ Total fixed overhead variance $ Underapplied (overapplied) total overhead. (Round intermediate calculations and final answer to O decimal places, eg. 125.) Total overhead $