Textbook Problem

Direct materials and direct labor variances
At the beginning of August, Havasu Primers Company budgeted 30,000 books to be printed in August at standard direct materials and direct labor costs as follows:

The standard materials price is $0.40 per pound. The standard direct labor rate is $12 per hour. At the end of August, the actual direct materials and direct labor costs were as follows:

There were no direct materials price or direct labor rate variances for August. In addition, assume no changes in the direct materials inventory balances in August. Havasu Printers Company actually produced 24.500 units during August.
Determine the direct materials quantity variance, the direct labor time variance, and the total variance.