Required information Use the following information for the Exercises below. The following information applies to the questions displayed below) A manufactured product has the following information for June Direct materials Direct labor Overhead Units manufactured 5 lbs. 3 hrs. 3 hrs. Standard per lb. $16 per hr $12 per hr. Actual 43,400 lbs. $8.10 per lb. 25,500 hrs. $16.50 per hr. 3316.100 8.6 Exercise 21-9 Direct materials variances LO P3 Compute the direct materials price variance and the direct materials quantity variance Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Round "Cost per unit" answers to 2 decimal places) AQ - Actual Quantity SO Standard Quantity AP Actual Price SP Standard Price Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below.) A manufactured product has the following information for June. Standard Actual Direct materials 5 lbs. 38 per lb. 43,400 lbs. $8.10 per lb. Direct labor 3 hrs. $16 per hr. 25,500 hrs. $16.50 per hr. Overhead 3 hrs. $12 per hr. $316,100 Units manufactured 8.6ee Exercise 21-10 Direct labor variances LO P3 Compute the direct labor rate variance and the direct labor efficiency variance (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Round "Rate per hour answers to 2 decimal places.) AH = Actual Hours SH - Standard Hours AR - Actual Rate SR Standard Rate Actual Cost Exercise 21-3 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 12,000 units) for the first quarter reveals the following. points Fixed Budget $2,580,000 eBook $300,000 516,000 336,000 100,000 1,252,000 1,328,000 References Sales (12,000 units X $215 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation-office equip. Insurance office rent Income from operations 96,000 168,000 100,000 364,000 150,000 120,000 90,000 100,000 460,000 504,000 (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 10,000 units. (4) Compute the income from operations for sales volume of 14,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the total variable cost per unit. Variable cost per unit