Name QB2. The Brown Manufacturing Company's costing system has two direct-cost categories: direct materials and direct manufacturing labor. Manufacturing overhead (both variable and fixed) is allocate products on the basis of standard direct manufacturing labor-hours (DLH). At the beginning of 2014, Brown adopted the following standards for its manufacturing costs: Input Direct materials Direct manufacturing labor Variable Manufacturing overhead Fixed Manufacturing overhead Standard manufacturing cost per output unit The budgeted production in 2014 per month is 9,250 units, and the denominator level is 37,000 direct manufacturing labor-hours. The budgeted fixed manufacturing overhead per month of $333,000. The records for January indicated the following: Direct materials purchased 40,300 lb. at $3.80 per lb.; and used 37,300 lb. Direct manufacturing labor 31,400 hours at $16.25 per hr. Actual manufacturing overhead: variable $258,200 and fixed 334,500. Actual production 7,600 output units. Quant. &Price Standards Cost per Output Unit 5 lb. at $4 per lb. 4 hrs. at S16 per hr. 4 hrs. at $8 4 hrs. at $9 S 20.00 64.00 32.00 S 36.00 $152.00 1. What was the standard manufacturing costs for the 7,600 output units. 2. For the month of January 2014, compute the following variances, indicating whether each is favorable (F) or unfavorable (U): a. Direct materials price variance, based on purchases b. Direct materials efficiency variance c. Direct manufacturing labor price variance d. Direct manufacturing labor efficiency variance e. Total manufacturing overhead spending variance f Variable manufacturing overhead efficiency variance g. Production-volume variance