Kropf Inc.has provided the following data concerning one of the products in its standard cost system.Variable manufacturing overhead is applied to products on the basis of direct labor-hours. 
The company has reported the following actual results for the product for September: 
Required:
a.Compute the materials price variance for September.
b.Compute the materials quantity variance for September.
c.Compute the labor rate variance for September.
d.Compute the labor efficiency variance for September.
e.Compute the variable overhead rate variance for September.
f.Compute the variable overhead efficiency variance for September.
Definitions:
Coca-colonization
The term used to describe the globalization of American culture pushed through popular American products, notably Coca-Cola, and its impact on the cultural diets and practices of other nations.
Neoliberalism
An economic philosophy that argues for the sovereignty of the free market without any government intervention. The sole responsibility of a company is to make a profit for its shareholders. To maximize the social good, the model of the market must be extended to all realms of society.
Market Speculation
The act of trading in an asset, or conducting a financial transaction, that has a significant risk of losing most or all of the initial outlay, in expectation of a substantial gain.
Mass Migrations
Large-scale movements of groups of people from one geographical area to another, often resulting from factors like conflict, natural disasters, or economic opportunities.
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