Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant is experiencing problems

as shown by Its June contribution format Income statement below:

${?}^{**}$ Contains direct materlals, direct labor, and varlable manufacturing overhead.

Janet Dunn, who has just been appointed general manager of the Westwood Plant, has been given instructions to

"get things under control." Upon reviewing the plant's income statement, Ms$.$ Dunn concluded the major problem lies

in the varlable cost of goods sold. She has been provided with the following standard cost per swimming pool:

$*$Based on machine$-$hours.

During June, the plant produced $8,000$ pools and incurred the following costs:

a$.$ Purchased $33,800$ pounds of materlals at a cost of $$2\mathrm{.}65$ per pound.

b$.$ Used $28,600$ pounds of materials in production. $($Finished goods and work in process inventories are insignificant

and can be ignored.$)$

c$.$ Worked $4,600$ direct labor$-$hours at a cost of $$7\mathrm{.}40$ per hour.

d$.$ Incurred variable manufacturing overhead cost totaling $$12,600$ for the month. A total of $3,500$ machine$-$hours was

recorded.

It is the company's policy to close all varlances to cost of goods sold on a monthly basis.

Required:

Compute the following varlances for June:

a$.$ Materials price and quantity varlances.

b$.$ Labor rate and efficlency varlances.

c$.$ Varlable overhead rate and efficlency varlances.

Summarize the varlances you computed in requirement $1$ by showing the net overall favorable or unfavorable

varlance for the month.

Complete this question by entering your answers in the tabs below.

$1$a$.$ Compute the following variances for June, materials price and quantity variances.

$1$b$.$ Compute the following variances for June, labor rate and efficiency variances.

$1$c$.$ Compute the following variances for June, variable overhead rate and efficiency variances.

Note: Do not round your intermediate calculations. Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$

for unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance$).$ Input all amounts as positive values.