#19

Bumgardner Inc. has provided the following data concerning one of the products in its standard cost system.

Inputs	Standard Quantity or Hours per Unit of Output	Standard Price or Rate
Direct materials	8.0 liters	$5.00 per liter

The company has reported the following actual results for the product for April:

Actual output		7,400	units
Raw materials purchased		65,400	liters
Actual price of raw materials	$	5.70	per liter
Raw materials used in production		59,210	liters

The direct materials purchases variance is computed when the materials are purchased.

The raw materials quantity variance for the month is closest to:

$50 U

$50 F

$57 F

$57 U

#5

Medlar Corporation's static planning budget for June appears below. The company bases its budgets on machine-hours.

Budgeted number of machine-hours	$	8,900
Supplies (@ $2.20 per machine-hour)		19,580
Power (@ $3.80 per machine-hour)		33,820
Salaries		26,700
Equipment depreciation		39,160
Total	$	119,260

In June, the actual number of machine-hours was 9,300, the actual supplies cost was $19,760, the actual power cost was $35,720, the actual salaries cost was $27,130, and the actual equipment depreciation was $39,430.

The spending variance for power cost in the flexible budget performance report for the month should be:

$1,900 U

$380 F

$380 U

$1,900 F

#11

Polaco Corporation makes a product that has the following direct labor standards:

Standard direct labor-hours		0.4	hours per unit
Standard direct labor rate	$	24.00	per hour

In May the company produced 8,500 units using 3,220 direct labor-hours. The actual direct labor rate was $22.10 per hour.

The labor efficiency variance for May is:

$4,320 U

$3,978 U

$4,320 F

$3,978 F