Determine the price variance, quantity variance, and total direct materials cost variance. Use the minus sign to enter favorable variances as negative numbers.

Price variance: Quantity variance: Total direct materials cost variance:

$

$

Select Select : Select

b. Determine the rate variance, time variance, and total direct labor cost variance. Use the minus sign to enter favorable variances as negative numbers.

Rate variance: Time variance: Total direct labor cost variance:

$

$

$

Select Select ( Select