the year insteld PR 23-3A Direct materials, direct labor, and factory overhead analysis cost variance oBJ. OBJ.3,4 costs and actual a base chemical into plastic. Standard c for the manufacture s for direct materials, direct labor, and factory overhead incurred fo costs and a &Controllable Sticky Polymers Inc. processes costs for direct materials variance, $400 F of 10,750 units of product were as follows: Actual Costs Standard Costs 3,500 lbs. at $12.50 3,700 lbs. at $12.00 4,300 hrs, at $20.00 Direct materials Direct labor Factory overhead Rates per direct labor hr.4,200 hrs. at based on 100% of normal capacity of 4,500 direct labor hrs. $16,800 variable cost $13,500 fixed cost Variable cost, $4.00 Fixed cost, $3.00 Each unit requires 0.4 hour of direct labor. Instructions Determine (a) the direct materials price variance, direct materials quantity variance, and al direct materials cost variance; (b) the direct labor rate variance, direct labor time vat. ance, 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 Pr 23-3A25e Compatibility Mode Excel Tell me what you want to do e Wrap Ted Fill Conditional Format s ormatting nset Delete Format Cells Font Number Styles Actual tate per hour Standard rate per hour Varance Actual hours 20 40 20.00 50 40 Direct labor rate variance me vanace Actual drect labor hours Standard drect labor hours Vanance Standard rate per hour 4.200 20 Drect labor time variance otal drect labor cost vanance Factory Overhead Cest Varlance anable factory overhead contcliable saniance ctual arable FO cest mcured Budgeted variabi FO cot for 4 330 Varnance Foed factory everha ad volurme variance Hours at normail capacity Standard hours for amount groduced Productve capacty mot used Budgebed Factury Oveshead Appled Factory arance Variable cost Fixed cost Total Factory Ovetead Cost