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The Blazon Manufacturing Company's costing system has two direct-cost categories: direct materials and direct manufacturing labor. Manufacturing overhead (both variable and fixed) is allocated to products on the basis of standard direct manufacturing labor-hours (DLH). At the beginning of 2017, Blazon adopted the following standards for its manufacturing costs: (Click to view the standards.) E (Click to view additional information.) Read the requirements. Requirement 1. Prepare a schedule of total standard manufacturing costs for the 8,000 output units in January 2017. Direct materials Direct manufacturing labor Variable manufacturing overhead Fixed manufacturing overhead Total - Data table Data table Cost per The denominator level for total manufacturing overhead per month in 2017 is 39,000 direct manufacturing labor-hours. Blazon's budget for January 2017 was based on this denominator level. The records for January indicated the following: Input Output Unit Direct materials 4 lb. at $7 per lb. $ 28.00 34,200 lb. at $7.20 per lb. 6 hrs. at $20 per hr. 120.00 Direct manufacturing labor Variable manufacturing overhead 32,200 lb. $7 per DLH 42.00 46,500 hrs. at $19.80 per hr. 60.00 $10 per DLH Direct materials purchased Direct materials used Direct manufacturing labor Total actual manufacturing overhead (variable and fixed) Actual production Fixed manufacturing overhead Standard manufacturing cost per output unit $ 250.00 $600,000 8,000 output units Print Done Print Done Requirements 1. Prepare a schedule of total standard manufacturing costs for the 8,000 output units in January 2017. 2. For the month of January 2017, compute the following variances, indicating whether each is favorable (F) or unfavorable (U): a. Direct materials price variance, based on purchases b. Direct materials efficiency variance c. Direct manufacturing labor price variance d. Direct manufacturing labor efficiency variance e. Total manufacturing overhead spending variance f. Variable manufacturing overhead efficiency variance g. Production-volume variance Drint Dona

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