Material, Labor, and Variable Overhead Variances The following summarized manufacturing data relate to Thomas Corporation's April operations, during which 2,000 finished units of product were produced. Normal monthly capacity is 1,100 direct labor hours. Standard Units Costs Total Actual Costs $22 $50,400 $13 Direct material Standard (2 lb. @ $11.00/lb.) Actual (4,200 lb. @ $12.00/lb.) Direct labor Standard (0.5 hr. @ $26/hr.) Actual (950 hrs. @ $25.20/hr.) Variable overhead Standard (0.5 hr. @ $8/hr.) Actual Total 23,940 $4 8,450 $39 $82,790