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Use the following information to complete variance analysis for Maple Co. Budgeted Units 40,000 Budgeted Selling Price $55 Budgeted Direct Labor (3 hours @ $13/hour

Use the following information to complete variance analysis for Maple Co.

Budgeted Units 40,000
Budgeted Selling Price $55
Budgeted Direct Labor (3 hours @ $13/hour $39 per unit
Actual Direct Labor Hours 120,000
Actual Cost of Direct Labor $1,530,000
Actual Selling Price $50

Budgeted Direct Materials (4 lbs @ $3/lb)

$12 per unit
Actual Direct Materials Used 189,000
Actual Units 42,000 units
Actual Cost of Direct Materials Used $491,400

What is Selling Price Variance? (correct answer: 210,000)

What is Direct Materials Variance? (correct answer: 12,600)

What is Direct Labor Price Variance (correct answer: 30,000)

Ik all the answers because this a study guide, I am just tryna figure out how they got to said answer, any help would be appreciated!

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