Send to Gradebook Prev Question 14 ts View Polcies ents Current Attempt in Progress Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials -1 pound plastic at $6 per pound $ 6.00 Direct labor-1.50 hours at $11.45 per hour Variable manufacturing overhead Fixed manufacturing overhead 17.18 9.75 11.25 Total standard cost per unit $44.18 The predetermined manufacturing overhead rate is $14 per direct labor hour ($21.00-1.50). It was computed from a master manufacturing overhead budget based on normal production of 7.650 direct labor hours (5.100 units) for the month. The master budget showed total variable costs of $49.725 ($6.50 per hour) and total fixed overhead costs of $57.375 (87.50 per hour) Actual costs for October in producing 3.300 units were as follows Direct materials (3.430 pounds) Direct labor (4,830 hours) $21,266 ct 56,753 Variable overhead 49,894 Fixed overhead 21,706 Total manufacturing costs $149,619 The purchasing department buys the quantities of raw materials that are expected to be used in production each month. Raw materials inventonies, therefore, can be ignored. Direct labor (4.830 hours) 56,753 Variable overhead 49.894 Fixed overhead 21,706 Total manufacturing costs $149,619 The purchasing department buys the quantites of raw materials that are therefore, can be ignored of raw materials that are expected to be used in production each month. Raw materials inventories Compute all of the materials and labor variances. (Round answers to O decimal Total materials variance Materials price variance Materials quantity variance S Total labor variance Labor price variance Labor quantity variance $ Compute the total overhead variance. Total overhead variance$ eTextbook and Media Attempts: 0 of 3 used Save for Later