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Material, Labor, and Variable Overhead Variances The following summarized manufacturing data relate to Brown Corporation's May operations, during which 2,000 finished units of product were produced. Normal monthly capacity is 1,100 direct labor hours.

			Standard Units Costs			Total Actual Costs
Direct material
Standard (3 lb. @ $8.00/lb.)			$24
Actual (6,400 lb. @ $8.10/lb.)					$51,840
Direct labor
Standard (0.5 hr. @ $20/hr.)			$10
Actual (950 hrs. @ $19.60/hr.)					18,620
Variable overhead
Standard (0.5 hr. @ $10/hr.)			$5
Actual			-		10,300
Total			$39		$80,760

Determine the following variances:

Do not use negative signs with any of your answers. Next to each variance answer, select either "F" for Favorable or "U" for Unfavorable.

Materials Variances
Actual cost:	$ Answer	F/U
Split cost:	$ Answer	F/U
Standard cost:	$Answer	F/U
Materials price	$Answer	F/U
Materials efficiency	$Answer	F/U

Labor Variances
Actual cost:	$ Answer	F/U
Split cost:	$Answer	F/U
Standard cost:	$Answer	F/U
Labor rate	$Answer	F/U
Labor efficiency	$Answer	F/U

Variable Overhead Variances
Actual cost:	$Answer	F/U
Split cost:	$Answer	F/U
Standard cost:	$Answer	F/U
Variable overhead spending	$Answer	F/U
Variable overhead efficiency	$Answer	F/U

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