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The Bilodeau Manufacturing Company's costing system has two direct-cost categories: direct materials and direct manufacturing labor. Manufacturing overhead (both variable and fixed) is allocated to products on the basis of standard direct manufacturing labor-hours (DLH). At the beginning of 2017. Bilodeau adopted the following standards for its manufacturing costs: (Click to view the standards.) (Click to view additional information.) Read the requirements Data Table Cost per Input Output Unit 4 lb. at $6 per lb. s 24.00 4 hrs. at $10 per hr 76.00 Direct materials Direct manufacturing labor Variable manufacturing overhead Fixed manufacturing overhead Standard manufacturing cost per output $7 per DLH 28.00 40.00 $10 per DLH S 168.00 unit * Data Table X The denominator level for total manufacturing overhead per month in 2017 is 42,000 direct manufacturing labor-hours. Bilodeau's budget for January 2017 was based on this denominator level. The records for January indicated the following: 36,400 lb. at $6.20 per lb. 34,400 lb 32,000 hrs. at $19.50 per hr. Direct materials purchased Direct materials used Direct manufacturing labor Total actual manufacturing overhead (variable and fixed) Actual production $675,000 8,500 output units 2. For the month of January 2017, compute the following variances, indicating whether each is favorable (F) or unfavorable (U): a. Direct materials price variance, based on purchases b. Direct materials efficiency variance c. Direct manufacturing labor price variance d. Direct manufacturing labor efficiency variance e. Total manufacturing overhead spending variance f. Variable manufacturing overhead efficiency variance g. Production-volume variance