1. The per-unit standards for direct materials arc 2 pounds at $4 per pound. Last month, 11,200 pounds of direct materials that actually cost $42,400 were used to produce 6,000 units of product. The direct materials quantity variance for last month was

A) $3,200 Favorable

B) $2,400 Favorable

C) $3,200 Unfavorable

D) $5,600 Unfavorable

2. The standard rate of pay is $10 per direct labor hour. If the actual direct labor payroll was $39,200 for 4,000 direct labor hours worked, the direct labor price (rate) variance is

A) $800 Unfavorable

B) $800 Favorable

C) $1,000 Unfavorable

D) $1,000 Favorable

3. The Royal Business Professor Mullen Co. manufactures a product with a standard direct labor cost of two hours at $12.00 per hour. During July, 2,000 units were produced using 4,200 hours at $12.20 per hour. The labor quantity variance was

A) $2,440 F

B) $2,400 U

C) $1,640 US

D) $2,440 U

4. Old and Feeble Professor Mullen Co. manufactures a product with a standard direct labor cost of two hours at $12.00 per hour. During July, 2,000 units were produced using 4,200 hours at $12.20 per hour. The labor price variance was

A) $840 U

B) $3,240 U

C) $3,240 F

D) $2,400 U

5. A company developed the following per unit materials standards for its product: 3 pounds of direct materials at $4 per pound. If 12,000 units of product were produced last month and 37,500 pounds of direct materials were used, the direct materials quantity variance was

A) $3,600 Favorable

B) $6,000 Unfavorable

C) $3,600 Unfavorable

D) $6,000 Favorable