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The following summary data relate to the operations of Randolph Company for July, during which 4,500 finished units were produced: Calculate Variances The following summary

The following summary data relate to the operations of Randolph Company for July, during which 4,500 finished units were produced:

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Calculate Variances The following summary data relate to the operations of Randolph Company forJuly, during which 4.500 nished unils were produced: Sand-rd "nil: Cunt: Tut-l Agni-I Cad: Direct m ate rial Standard (0.6 lb' @ EQ'GOi'Ib.) $5.44] Actual [3,000 lb @ $9.401'lb.) $28,200 Direct labor Standard (0.8 hr' @ $12.30ihr'] $10.24 Actual [3,800 hrs. @ $12.501hrl) 47,500 Variable overhead Standard (0.8 hr' @ $7.501'hr.) $5.00 Actual , 30,100 Tm, $21.54 $105,800 Determine the following variances: Do not use negative signs with any ofyour answers. Next to each variance answer. select either "F" for Favorable or " ' for Unfavorable. Manerilll Varilnnes Actual cost: S 0 Split cost: E 0 Standard cost: 5 0 Materials price t e = [I Materials efclency r o

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