Vaughn Corporation manufactures a single product. The standard cost per unit of product is shown below.

Direct materials1 pound plastic at $7.00 per pound		$ 7.00
Direct labor1.00 hours at $11.65 per hour		11.65
Variable manufacturing overhead		7.00
Fixed manufacturing overhead		7.00
Total standard cost per unit		$32.65

The predetermined manufacturing overhead rate is $14 per direct labor hour ($14.00 1.00). It was computed from a master manufacturing overhead budget based on normal production of 5,300 direct labor hours (5,300 units) for the month. The master budget showed total variable costs of $37,100 ($7.00 per hour) and total fixed overhead costs of $37,100 ($7.00 per hour). Actual costs for October in producing 4,600 units were as follows.

Direct materials (4,770 pounds)		$ 33,867
Direct labor (4,440 hours)		52,614
Variable overhead		48,942
Fixed overhead		17,258
Total manufacturing costs		$152,681

The purchasing department buys the quantities of raw materials that are expected to be used in production each month. Raw materials inventories, therefore, can be ignored. (a) Compute all of the materials and labor variances.

Total materials variance		$enter a dollar amount		select an option Neither favorable nor unfavorableUnfavorableFavorable
Materials price variance		$enter a dollar amount		select an option UnfavorableFavorableNeither favorable nor unfavorable
Materials quantity variance		$enter a dollar amount		select an option UnfavorableNeither favorable nor unfavorableFavorable
Total labor variance		$enter a dollar amount		select an option Neither favorable nor unfavorableUnfavorableFavorable
Labor price variance		$enter a dollar amount		select an option Neither favorable nor unfavorableFavorableUnfavorable
Labor quantity variance		$enter a dollar amount		select an option FavorableUnfavorableNeither favorable nor unfavorable

(b) Compute the total overhead variance.

Total overhead variance

$enter the total overhead variance in dollars

select an option UnfavorableFavorableNeither favorable nor unfavorable