Duboise Corporation makes a product with the following standard costs: 
The company reported the following results concerning this product in October. 
The materials price variance is recognized when materials are purchased.Variable overhead is applied on the basis of direct labor-hours.
Required:
a.Compute the materials quantity variance.
b.Compute the materials price variance.
c.Compute the labor efficiency variance.
d.Compute the labor rate variance.
e.Compute the variable overhead efficiency variance.
f.Compute the variable overhead rate variance.
Definitions:
Work in Process
Inventory that represents partially completed goods which are still in the production process.
Actual Manufacturing Overhead Cost
The actual costs incurred for indirect manufacturing expenses, such as utilities, rent, and maintenance.
Year
A period of time consisting of 12 months or 365 days, used as a basic unit for measuring time in relation to the earth's orbit around the sun.
Cost of Goods Available for Sale
The total cost of inventory that a business has ready for sale, comprising both beginning inventory plus the cost of goods manufactured.
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