Unhealthy Solutions Co. has established the following standards for one unit of its product "Shogari"

In-Class Unhealthy Solutions Co. has established the following standards for one unit of its product "Shogari": Direct Materials Direct Labor Variable Manufacturing Overhead Standard Unit Quantity 1.5 lbs 0.6 hrs 0.8 hrs Standard Unit Cost $ 9.00 $ 7.20 $ 2.80 During October, the company recorded this activity related to production of Shogari: a. The company produced 3,000 units b. A total of 8,000 pounds of material were purchased at a cost of $46,000. c. There was no beginning materials inventory; at the end of the month 2,000 pounds remained d. 10 people produced Shogari, each spent 160 hours at an average of $12.50 per hour. e. There were 2,700 machine hours used in production. f. Variable MOH is assigned to Shogari based on machine hours. Variable MOH costs totaled $8,600 Required: 1. 2. 3. 4. Compute the materials price and quantity variances. Compute the labor rate and efficiency variances Compute the variable overhead rate and efficiency variances Generally, 4 seniors and 6 assistants produce Shogari; in June, 5 seniors and 5 assistants were used. Should the new team mix be continued