Shown below are the standard costs for a typical test.

Direct materials $(2,520$ test tubes$),$$$2,772$

Direct labor $(1,236$ hours$),37,080$

Variable overhead $,6,696$

Fixed overhead $,13,776$

Monthly budgeted fixed overhead is $$17,400.$ Revenues for the month were $$79,200,$ and selling and administrative expenses were $$4,800.$

Compute the price and quantity variances for direct materials and direct labor.

eTextbook and Media

List of Accounts

Compute the total overhead variance.

Total Overhead variance $

eTextbook and Media

List of Accounts