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Problem 25-3A Rudd Clothiers is a small company that manufactures tall-men's suits. The produced. T...

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Accounting

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Problem 25-3A Rudd Clothiers is a small company that manufactures tall-men's suits. The produced. T were used. he following standard and actual cost data applied to the month of May when normal capacity was 14,000 direct labor hours. All materials purchased Actual Cost Element Direct materials Direct labor Overhead Standard (per unit) $375,575 for 90,500 yards ($4.15 per yard) $200,925 for 14,250 hours ($14.10 per hour) $49,000 fixed overhead $37,000 variable overhead 8 yards at $4.40 per yard 1.2 hours at $13.40 per hour 1.2 hours at s6.10 per hour (fixed $3.50; variable $2.60 Overhead is applied on the basis of direct labor hours. At normal capacity, budgeted fixed 36,400 overhead costs were $49,000, and budgeted variable overhead was Compute the total, price, and quantity variances for (1) materials and (2) labor. (Round answers to o decimal pla

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