Solve for the alternative computation please.

10:23 AM Mon Nov 8 1.679 Chegg Home Study tools My courses My books Career Life Find solutions for your homework Search home / study / business/accounting / accounting solutions manuals / accounting / 25th edition / chapter 23/problem 3psb Accounting (25th Edition) Post a question Answers from our experts for your tough homework questions Chapter 23, Problem 3PSB 0 1 Bookmark Show all steps: ON Enter question Problem Continue to post 14 questions remaining DX TM Direct materials, direct labor, and factory overhead cost variance analysis Road Gripper Tire Co. manufactures automobile tires. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 4,160 tires were as follows: Standard Costs Actual Costs Direct materials 100,000 lbs. at $6.40 101,000 lbs. at $6.50 Direct labor 2,080 hrs. at $15.75 2,000 hrs. at $15.40 Factory overhead Rates per direct labor hr, based on 100% of normal capacity of 2,000 direct labor hrs.: Variable cost, $4.00 $8,200 variable cost Fixed cost $6.00 $12,000 fixed cost NeatBooks Accounting software that speaks your language Start my 15-day trial Each tire requires 0.5 hour of direct labor. 10:21 AM Mon Nov 8 1.67% (2C Template9-3Athru9-4Bwithsolutions 8 Q BO Home Insert Draw Formulas Data Review View Calibri (Body) 11 A. A ABC 123 . tz 4 (X Can't save - Something's wrong and your changes can't be saved. Save a copy Can't save - Please close and reopen the file to avoid losing any more changes. Not now fx C G H K L M N X YZ A4 KEADADA oblem 9-38 Hame: Direct Material Coat Variance Price variance Standard price Variance Actualquantity Direct materials price variance SA.50 16.40) S0.13 101.co $ 10.100 unfavorable 10 11 12 13 14 15 16 17 18 19 20 Quantity variance Actual quantity Standard quantity Variance Standard price Direct materials price variance 101.000 1100.000) 1.000 SA.43 5.400 unfavorable Total direct materials cost variance $ 18.500 unfavorable Direct Labor Cost Variance 22 23 25 26 27 Rateva Actual rate per hour Standard rate per hour Variance Actual hours Direct laborate variance $16.40 (15,75) ($0.350 2,000 1700.00) favorable 10 31 12 33 24 35 36 37 Time wants Actual direct labor hours Standard direct labor hours Variance Standard rate per hour Direct laber time wariance 2,000 12.083) 180 $15.75 (1,760 favorable Total direct labor cost variance 5 S () 1.00 favorable 10 39 40 4 Alterative Computation of Overhead Variances: 42 43 44 Factory Overhead Cost Variance Variable factory overhead contralable variance Actual variable FO cost incurred $ 8.200 Budgeted variable FO cost for 2.060 hrs. 2.3201 Variance Factory Overhead 1120.00) favorable Applied costs Actual costs Balance 45 46 47 Fixed factory overhead volume variance: Hours at normal capacity Standard hours for amount produced Productive capacity not used Standard fined Forest rate Variance 2.000 12.08 100) S8.00 49 Actual Factory Overhead Applied Factory Overhead (480) favorable Budgeted Factory Overhead for Amount Produced Variable cost Fixed cost Total Total factory overhead cost variance $ 18001 favorable ST 32 53 54 55 561 57 s 50 - Controlable Variance Volume Variance 61 Tatal factory Overhead Cost Variance 64 05 57 ca 66 Solution Prob 9-3A Problem 9-3B Solution Prob 9-4A Problem 9-4B +