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PA6. LO 8.2 The Whizbang Company makes a special type of toy. Each top takes 6 ounces of a special material that costs $3 per

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PA6. LO 8.2 The Whizbang Company makes a special type of toy. Each top takes 6 ounces of a special material that costs $3 per ounce. Whizbang bought 4,000 ounces of the material at a cost of $11,300. They used 3,400 ounces to make 534 toys. Compute the direct materials price variance, the direct materials quantity variance, and the total direct materials cost variance, PAZ. LO 8.3 Ellis Company's labor information for September is as follows: Direct labor hourly rate paid $ 32.00 Total standard direct labor hours for units produced 11,000 10,850 Direct labor hours worked Direct labor rate variance $8,137.50 (favorable) A. Compute the standard direct labor rate per hour. B. Compute the direct labor time variance. te the standard direct labor rate if the direct labor rate variance was $2,712.50 (unfavorable)

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