Shefeld, Ltd. manufactures shirts, which it sells to customers for embroidering with various slogans and emblems. The standard cost card for the shirts is as fol lows. Standard Price Standard Quantity Standard Cost Direct materials $3 per yard 2.00 yards $6.00 Direct labor $14 per DLH 0.75 DLH 10.50 Variable overhead $3.20 per DLH 0.75 DLH 2.40 Fixed overhead $3 per DLH 0.75 DLH 2.25 $21.15 Sandy Robison, operations manager, was reviewing the results for November when he became upset by the unfavorable variances he was seeing. In an attempt to understand what had happened, Sandy asked CFO Suzy Summers for more information. She provided the following overhead budgets, along with the actual results for November. The company purchased 81,500 yards of fabric and used 93,100 yards of fabric during the month. Fabric purchases during the month were made at $2.80 per yard. The direct labor payroll ran $453,250, with an actual hourly rate of $12.25 per direct labor hour. The annual budgets were based on the production of 595,000 shirts, using 445,000 direct labor hours. Though the budget for November was based on 45,000 shirts, the company actually produced 41,500 shirts during the month. Indirect material Indirect labor Equipment repair Equipment power Total Supervisory salaries Insurance Property taxes Depreciation Utilities Quality inspection Total Variable Overhead Budget Annual Budget Per Shirt NovemberActual $447,000 $120 $49,400 296,000 0.75 31,200 197,000 0.30 20,100 49,000 0.15 6,700 $989,000 $2.40 $107,400 Fixed Overhead Budget Annual Budget NovemberActual $260,000 $21,500 353,000 27,500 75,000 6,500 319,000 25,700 2 15,000 20,300 278,000 25,400 $1,500,000 $126,900 (a) Calculate the direct materials price and quantity variances for November. (If variance is zero, select "Not Applicable" and enter 0 for the amounts.) $ Direct material price variance Direct material quantity variance $ (b) Calculate the direct labor rate and efficiency variances for November. (Round answers to O decimal places, e.g. 125. If variance is zero, select "Not Applicable" and enter 0 for the amounts.) Direct labor rate variance LA 4 Direct labor efficiency variance (c) Calculate the variable overhead spending and efficiency variances for November. (Round answers to O decimal places, e.g. 125. If variance is zero, select "Not Applicable" and enter 0 for the amounts.) LA 4 Variable overhead spending variance to Variable overhead efficiency variance(d) Calculate the fixed overhead spending variance for November. (Round answer to O decimal places, e.g. 125. If variance is zero, select "Not Applicable" and enter 0 for the amounts.) Fixed overhead spending variance $