Standard Costs Actual Costs Direct materials Direct labor Factory overhead 202,800lbs. at $6.00 per lb. 19,500 hrs. at $17.30 per hr. Rates per direct labor hr., based on 100% of normal capacity of 20,350 direct labor hrs.: Variable cost, $2.90 Fixed cost, $4.60 200,800 lbs. at $5.90 per lb. 19,950 hrs. at $17.60 per hr. $55,980 variable cost $93,610 fixed cost Each unit requires 0.25 hour of direct labor. Required: Direct Materials Price Variance Direct Materials Quantity Variance Total Direct Materials Cost Variance Direct Labor Rate Variance Direct Labor Time Variance Total Direct Labor Cost Variance Unfavorable Unfavorable Unfavorable Variable factory overhead controllable variance Fixed factory overhead volume variance Total factory overhead cost variance Favorable Unfavorable Unfavorable