Question 6 Not complete Marked out of 21.00 P Flag question Calculate Variances The following summary data relate to the operations of Randolph Company for July, during which 4,500 finished units were produced: Standard Units Costs Total Actual Costs $5.40 $28,200 Direct material Standard (0.6 lb. $9.00/1b.) Actual (3.000 lb. 59.40/1b.) Direct labor Standard (0.8 hr. $12.80/hr.) Actual (3,800 hrs. $12.50/hr.) Variable overhead Standard (0.8 hr. $7.50/hr.) Actual Total $10.24 47.500 $6.00 30,100 $105,800 $21.64 Determine the following variances: Do not use negative signs with any of your answers. Next to each variance answer, select either "F" for Favorable or "U" for Unfavorable. Materials Variances Actual cost $ 0 Split cost $ 0 Standard cost 0 Materials price $ . Materials efficiency S 0 0 Labor Variances Actual cost $ Split cost: $ Standard cost 5 Laborrate Labor efficiency s Actual Total 30,100 $105,800 $21.64 Determine the following variances: Do not use negative signs with any of your answers. Next to each variance answer, select either "F" for Favorable or "U" for Unfavorable. Materials Variances Actual cost: Split cost: 0 Standard cost $ Materials price $ Materials efficiency $ 0 $ 0 $ 0 0 Labor Variances Actual cost: $ 0 Split cost: $ 0 Standard cost $ 0 Labor rate $ 0 Labor efficiency $ 0 Variable Overhead Variances Actual cost: $ Split cost $ 0 Standard cost $ 0 Variable overhead spending $ 0 Variable overhead efficiency 5 0 Check Previous Save Answers