Problem $16-74($Static$)$ Variance Computations with Missing Data $($LO $16-5,6)$

Anthon Corporation has provided the following information regarding last month's activities.

Units produced $($actual$)$

Master production budget

Direct materials

Direct labor

Overhead

Standard costs per unit

Direct materials

Direct labor

Variable overhead

Actual costs

Direct materials purchased and used

Direct labor

Overhead

$10,500$

$$237,600$

$201,600$

$267,000$

$$3\mathrm{.}96$ per liter $5$ liters per unit of output

$$33\mathrm{.}60$ per hour $0\mathrm{.}5$ hour per unit

$$28\mathrm{.}50$ per direct labor$-$hour

liters$)$

$176,472(5,160$ hours$)$

$272,000(58\%$ is variable$)$

Variable overhead is applied on the basis of direct labor$-$hours.

Required:

Calculate all variable production cost price and efficiency variances and fixed production cost price and production volume variances.

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

unfavorable. If there is no effect, do not select either option.

Answer is complete but not entirely correct.