$\backslash$table$[[,$Standard Costs,Actual Costs$],[$Direct materials,$240,000$ lbs$.$ at $$6\mathrm{.}40$ per lb$.,237,000lbs.$ at $$6\mathrm{.}50$ per lb$.],[$Direct labor,$12,000hrs.$ at $$24\mathrm{.}20$ per $hr.,11,500hrs.$ at $$25\mathrm{.}00$ per hr$.],[\backslash$table$[[$Factory$],[$overhead$]],$Rates per direct labor hr$.,,],[$based on $100\%$ of normal,$],[$capacity of $15,000$ direct,$],[$labor hrs$.$:$,],[$Variable cost$,$ $$2\mathrm{.}50,$$$32,400$ variable cost$],[$Fixed cost$,$ $$5\mathrm{.}00,$$$75,000$ fixed cost$]]$

Each unit requires $0\mathrm{.}3$ hour of direct labor.

INSTRUCTIONS

Determine $($a$)$ the direct materials price variance, direct materials quantity variance, and total direct materials cost variance; $($b$)$ the direct labor rate variance, direct labor time variance, and total direct labor cost variance; and $($c$)$ the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance.