Direct Materials Variances

Bellingham Company produces a product that requires 9 standardpounds per unit. The standard price is $8 per pound. If 3,600 unitsrequired 31,400 pounds, which were purchased at $8.32 per pound,what is the direct materials (a) price variance, (b) quantityvariance, and (c) total direct materials cost variance? Enter afavorable variance as a negative number using a minus sign and anunfavorable variance as a positive number.

a. Direct materials price variance	$	Favorable
b. Direct materials quantity variance	$
c. Total direct materials cost variance	$

Factory Overhead Controllable Variance

Bellingham Company produced 6,800 units of product that required2 standard hours per unit. The standard variable overhead cost perunit is $3.50 per hour. The actual variable factory overhead was$48,410. Determine the variable factory overhead controllablevariance. Enter a favorable variance as a negative number using aminus sign and an unfavorable variance as a positive number.
$  

PART 2

Direct Labor Variances

Bellingham Company produces a product that requires 2 standardhours per unit at a standard hourly rate of $10.00 per hour. If5,500 units required 11,200 hours at an hourly rate of $9.70 perhour, what is the direct labor (a) rate variance, (b) timevariance, and (c) total direct labor cost variance? Enter afavorable variance as a negative number using a minus sign and anunfavorable variance as a positive number.

a. Direct labor rate variance	$
b. Direct labor time variance	$
c. Total direct labor cost variance	$