PLEASE SHOW ALL CALCULATIONS: Jimmy Johns Manufacturing Corporation accumulated the following data relative to jobs started and finished during 2013.
Standard					Actuals
Direct Materals		Yards/unit	8.0		Direct Materals		Total yards	98,000
		Cost/yard	$4.30				Cost/yard	$4.10
Direct Labor		Hours/unit	1.5		Direct Labor		Total hours	17,000
		Cost/hour	$13.75				Cost/hour	$14.10
Variable Overhead		Hours/unit	1.5		Variable Overhead		Total Costs	$37,000
		Cost/hour	$2.50
Fixed Overhead (Standard amount that should be applied based on actual DL hours)		$50,000			Fixed Overhead		Total Costs	$49,000
Additional Information - Overhead is applied on the basis of direct labor hours.
Actual Units Produced		12,000
Sales		$1,000,000			Selling & Admin		$245,000
Compute the total material variance.
(	AQ		AP	) - (	SQ		SP	)
(	98,000		$4.10	) - (			$4.30	)
			$401,800	-	$0
			Total material variance =				Unf
Compute the material price variance.
(	AQ		AP	) - (	AQ		SP	)
(				) - (				)
			$0	-	$0
			Material price variance =				Unf
Compute the material quantity variance.
(	AQ		SP	) - (	SQ		SP	)
(				) - (				)
			$0	-	$0
			Material quantity variance =				Unf
Compute the total labor variance.
(	AH		AR	) - (	SH		SR	)
(				) - (				)
			$0	-	$0
			Total labor variance =				Unf
Compute the labor price variance.
(	AH		AR	) - (	AH		SR	)
(				) - (				)
			$0	-	$0
			Labor price variance =				Unf
Compute the labor quantity variance.
(	AH		SR	) - (	SH		SR	)
(				) - (				)
			$0	-	$0
			Labor quantity variance =				Unf
Compute the total overhead variance.
			AO	-	OA
				-
			Total overhead variance =				Unf