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Please show all the work, thanks :) Fortes Inc. has provided the following data concerning one of the products in its standard cost system. Materials

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Please show all the work, thanks :)

Fortes Inc. has provided the following data concerning one of the products in its standard cost system. Materials price variances is calculated on material purchased and materials quantity is based on Material used in production. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Inputs Direct materials Direct labor Variable manufacturing overhead Standard Quantity or Hours Standard Price or per Unit of Output Rate 8.2 ounces $ 6.30per ounce 0.6 hours $ 21.80per hour 0.60 hours $ 4.60per hour The company has reported the following actual results for the product for April: $ Actual output Raw materials purchased Actual cost of raw materials purchased Raw materials used in production Actual direct labor-hours Actual direct labor cost Actual variable overhead cost 5800units 48,400ounces 289,600 47,580ounces 3170hours 73,240 13,884 $ $ Required: Enter all numbers as positive and rounded to the nearest dollar Materials price variance Materials quantity variance Labor rate variance Labor efficiency variance Variable overhead rate variance Variable overhead efficiency variance

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