The Bilodeau Manufacturing Company's costing system has two direct-cost categories: direct materials and direct manufacturing labor. Manufacturing overhead (both variable and fixed) is allocated to products on the basis of standard direct manufacturing labor-hours (DMLH). At the beginning of 2020 , Bilodeau adopted the following standards for its manufacturing costs: (Click to view the standards.) (Click to view additional information.) Read the requirements. Requirement 1. Prepare a schedule of total standard manufacturing costs for the 7,500 output units in January 2020. Requirement 2. For the month of January 2020, compute the variances, indicating whether each is favorable (F) or unfavorable (U). Before computing the variances complete the tables below. Begin by completing the table for direct materials. Actual input Quantity x Budgeted Price a. Direct materials price variance, based on purchases, is b. The direct materials efficiency variance is Now complete the table for direct labor. c. The direct manufacturing labor price variance is d. The direct manufacturing labor efficiency variance is Next, complete the table for variable overhead. e. The total manufacturing overhead spending variance is f. The variable manufacturing overhead efficiency variance is g. The production-volume variance is Data table Data table The denominator level for total manufacturing overhead per month in 2020 is 39,000 direct manufacturing labor-hours. Bilodeau's budget for January 2020 was based on this denominator level. The records for January indicated the following: 1. Prepare a schedule of total standard manufacturing costs for the 7,500 output units in January 2020. 2. For the month of January 2020 , compute the following variances, indicating whether each is favorable ( F ) or unfavorable ( U ) : a. Direct materials price variance, based on purchases b. Direct materials efficiency variance c. Direct manufacturing labor price variance d. Direct manufacturing labor efficiency variance e. Total manufacturing overhead spending variance f. Variable manufacturing overhead efficiency variance g. Production-volume variance