Standard cost information:

	Standard Quantity / Unit	Standard Price	Standard Cost / Unit
Direct Material	2	$0.75	$1.50
Direct Labor	5	$0.35	$1.75
Variable Overhead	3	$1.20	$3.60

Actual cost information:

	Total Actual Used	Total Actual Cost
Direct Material	19,500	$19,500
Direct Labor	34,500	$15,750
Variable Overhead	18,000	$22,000

Do not enter dollar signs or commas in the input boxes. Round all Unit values to 2 decimal places. Round all other answers to the nearest whole number. Enter all variances as positive values.

a) Complete Direct Materials variance analysis.

	Actual Results / Unit	Total Actual Results	Price Variance		AQ x SP		Quantity Variance		Total Standard Allowed	Standard Allowed / Unit
Units Produced	1.00	7,500			7,500.00				7,500	1.00
Materials / Unit Produced	Answer	Answer			Answer				Answer	Answer
Price/Unit	Answer				Answer					Answer
Total Cost	Answer	Answer	Answer	AnswerFU	Answer		Answer	AnswerFU	Answer	Answer
Total DM Variance					Answer	AnswerFU

b) Complete Direct Labor variance analysis.

	Actual Results / Unit	Total Actual Results	Labor rate variance		AQ x SP		DL efficiency variance		Total Standard Allowed	Standard Allowed / Unit
Units Produced	1.00	7,500			7,500.00				7,500	1.00
DLH / Unit Produced	Answer	Answer			Answer				Answer	Answer
DL Price/Unit	Answer				Answer					Answer
Total Cost	Answer	Answer	Answer	AnswerFU	Answer		Answer	AnswerFU	Answer	Answer
Total DL Variance					Answer	AnswerFU

c) Complete Variable Overhead variance analysis.

	Actual Results / Unit	Total Actual Results	VOH spending variance		AQ x SP		VOH efficiency variance		Total Standard Allowed	Standard Allowed / Unit
Units Produced	1.00	7,500			7,500.00				7,500	1.00
VOH / Unit Produced	Answer	Answer			Answer				Answer	Answer
VOH Price/Unit	Answer				Answer					Answer
Total Cost	Answer	Answer	Answer	AnswerFU	Answer		Answer	AnswerFU	Answer	Answer
Total VOH Variance					Answer	AnswerFU