Road Gripper Tire Co. manufactures automobile tires. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for 4,160 tires were as follows: Direct materials Direct labor 100,000 lbs. at $6.40 2,080 hrs. at $15.75 Rates per direct labor hr., based on 100% of normal capacity of 2,000 direct labor hrs.: Variable cost, $4.00 Fixed cost, $6.00 Each tire requires 0.5 hour of direct labor. Required: Factory overhead Price variance Quantity variance

Road Gripper Tire Co. manufactures automobile tires, Standard costs and actual costs for direct materials, difect labor, and factory overhead incurred for 4,160 tires were as follows: Required: a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a using a minus sign and an unfavorable variance as a positive number. b. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number and an unfavoroble variance as a positive number. c. Determine the variable factory overhead controllable variance, fixed factory overhesd volume variance, and total factory overhead cost variance. Enter a as a negative number using o minus sign and an unfavorable variance as a positive number