Bronfenbrenner Co. uses a standard cost system for its single product in which variable overhead is applied on the basis of direct labor hours. The following information is given:
Standard costs per unit: 
Actual experience for current year: 
Required:
Compute the following variances for raw materials, direct labor, and variable overhead, assuming that the price variance for materials is recognized at point of purchase:
a. Direct materials price variance.
b. Direct materials quantity variance.
c. Labor rate variance.
d. Labor efficiency variance.
e. Variable overhead rate variance.
f. Variable overhead efficiency variance.
Definitions:
Substitution Effects
The change in consumption patterns due to a change in relative prices, leading consumers to substitute one good for another.
Normal Goods
Goods for which demand increases when consumer income increases and vice versa.
Income Effect
The change in an individual's consumption resulting from a change in their real income, affecting their purchasing power.
Normal Good
A type of good for which demand increases as the income of individuals or the economy grows.
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