Variable Costs Per Unit:	Standard	Actual
Direct Materials Cost	$16.00	$16.34
Direct Labor Cost	12.00	10.92
Overhead Cost	14.00	14.20
Expected Fixed Cost:
Manufacturing Overhead	$120,400	$114,000

Western planned to make 43,000 chairs and actual volume was 44,000 chairs. Additional manufacturing cost information includes the following. Each chair is expected to require 8 board feet of lumber at a cost of $2 per board foot. Western actually used an average of 8.6 board feet of wood per chair, which it acquired for $1.90 per board foot. Each chair is expected to require 1.5 hours of direct labor at a rate of $8.00 per hour. Western actually used 1.4 hours of direct labor per chair. Direct labor workers were actually paid $7.80 per hour. No additional information was available regarding the variable overhead cost. The predetermined overhead rate for the fixed manufacturing cost alone was $2.80 per chair.

Required

a. Calculate the total materials cost variance and the materials price and usage variances.

b. Calculate the total labor cost variance and the labor price and usage variances.

c. Calculate the fixed overhead cost spending and volume variances.

a.

Materials Variance Information Table
Standard Price Per Board Foot
Actual Price Per Board Foot
Standard Quantity for Actual Production
Actual Quantity Used

Total Materials Cost Variance

Actual Cost