Determine the variances for A, B, and C. Direct Materials, Direct Labor, and Factory Overhead Cost Variance AnalysisMackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for themanufacture of 4,400 units of product were as follows:Standard CostsActual CostsDirect materials5,700 Ib. at $5.705,600 Ib. at $5.50Direct labor1,100 hrs. at $17.901,130 hrs. at $18.20Factory overheadRates per direct labor hr.,based on 100% of normalcapacity of 1,150 directlabor hrs.:Variable cost, $4.40$4,790 variable costFixed cost, $7.00$8,050 fixed costEach unit requires 0.25 hour of direct labor.Required:a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negativenumber using a minus sign and an unfavorable variance as a positive number.Direct materials price varianceFavorableDirect materials quantity varianceFavorableTotal direct materials cost varianceFavorable b. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using aminus sign and an unfavorable variance as a positive number.Direct labor rate varianceUnfavorableDirect labor time varianceUnfavorableTotal direct labor cost varianceUnfavorablec. Determine variable factory overhead controllable variance, the fixed factory overhead volume variance, and total factory overhead cost variance. Enter a favorablevariance as a negative number using a minus sign and an unfavorable variance as a positive number.Variable factory overhead controllable varianceFavorableFixed factory overhead volume varianceUnfavorableTotal factory overhead cost varianceUnfavorable

Actual Quantity (AQ)= 5,600 units Standard Quantity(SQ) = 5,700 units Actual Price(AP) = $ 5.50…

b. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Direct labor rate variance Unfavorable Direct labor time variance Unfavorable Total direct labor cost variance Unfavorable c. Determine variable factory overhead controllable variance, the fixed factory overhead volume variance, and total factory overhead cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Variable factory overhead controllable variance Favorable Fixed factory overhead volume variance Unfavorable Total factory overhead cost variance Unfavorable