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The following direct materials and direct labor data pertain to the operations of Marigold Company for the month of August. Costs Actual labor rate Actual

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The following direct materials and direct labor data pertain to the operations of Marigold Company for the month of August. Costs Actual labor rate Actual materials price Standard labor rate Standard materials price $13 per hour $130 per ton 12.50 per hour $133 per ton Actual hours incurred and used Actual quantity of materials purchased and used Standard hours used Standard quantity of materials used 4,000 hours 1,900 tons 4,080 hours 1,880 tons Compute the total, price, and quantity variances for materials and labor Total materials variance Matenials price variance Materials quantity variance Total labor variance Labor price vanance Labor quantity variance

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