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npt in Progress Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. $7.00 16.65 Direct materials-1 pound plastic at $7.00 per pound Direct labor-1.5 hours at $11.10 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit 9.00 9.00 $41.65 The predetermined manufacturing over head rate is $12.00 per direct labor hour ($18.00+ 1.5). It was computed from a master manufacturing overhead budget based on normal production of 9,000 direct labor hours (6,000 units) for the month. The master budget showed total variable costs of $54,000 ($6.00 per hour) and total fixed overhead costs of $54,000 ($6.00 per hour) Actual costs for October in producing 3,500 units were as follows. Direct materials (3,660 pounds) Direct labor (5,140 hours) $ 25,986 59.110 Variable overhead 44,098 Fixed overhead 21,202 The predetermined manufacturing overhead rate is $12.00 per direct labor hour ($18.00 + 1.5). It was computed from a master manufacturing overhead budget based on normal production of 9,000 direct labor hours (6,000 units) for the month. The master budget showed total variable costs of $54,000 ($6.00 per hour) and total fixed overhead costs of $54,000 ($6.00 per hour). Actual costs for October in producing 3,500 units were as follows. Direct materials (3,660 pounds) $25,986 Direct labor (5.140 hours) 59,110 Variable overhead 44,098 Fixed overhead 21,202 Total manufacturing costs $150,396 The purchasing department buys the quantities of raw materials that are expected to be used in production each month. Raw materials inventories, therefore, can be ignored. (a) Compute all of the materials and labor variances. Total materials variance $ Materials price variance Question 1 of 2 Materials price variance $ Total labor variance $ Labor price variance Labor quantity variance (b) Compute the total overhead variance. Total overhead variance $ e Textbook and Media Save for Later Attempts:0 of 3 used Submit A