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More Blue Spruce Company manufactures aluminum baseball bats that it sells to university athletic departments....

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Accounting

More Blue Spruce Company manufactures aluminum baseball bats that it sells to university athletic departments. It has developed the
following per unit standard costs for 2022 for each baseball bat:
In 2022, the company planned to produce 124,800 baseball bats at a level of 62,400 hours of direct labor.
Actual results for 2022 are presented below:
Direct materials purchases were 232,000 pounds of aluminum which cost $962,800.
Direct materials used were 232,000 pounds of aluminum.
Direct labor costs were $622,300 for 63,500 direct labor hours actually worked.
Total manufacturing overhead was $386,000.
Actual production was 121,200 baseball bats.
(a)
Compute the following variances and identify whether each variance is favorable or unfavorable.
Direct Materials Price $
Direct Materials Quantity $
Direct Labor Price $
Direct Labor Quantity
$
Total Overhead Variance
$
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