Multiple Choice Question 86 The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 9800 gallons of direct materials that actually cost $36260 were used to produce 5400 units of product. The direct materials quantity variance for last month was O $4000 favorable. O$4900 unfavorable. $3000 favorable. 0 $4000 unfavorable. Multiple Choice Question 88 The per-unit standards for direct labor are 2 direct labor hours at $15 per hour. If in producing 2800 units, the actual direct labor cost was $83200 for 5200 direct labor hours worked, the total direct labor variance is $800 favorable. O $800 unfavorable $2800 unfavorable. $500 unfavorable. Multiple Choice Question 89 The standard rate of pay is $20 per direct labor hour. If the actual direct labor payroll was $74480 for 3800 direct labor hours worked, the direct labor price (rate) variance is O $1900 unfavorable. O $1900 favorable. $1520 unfavorable. $1520 favorable. Multiple Choice Question 94 The total materials variance is equal to the O materials price variance. O product of the materials price variance and the materials quantity variance. O difference between the materials price variance and materials quantity variance. O sum of the materials price variance and the materials quantity variance. Multiple Choice Question 103 Bramble Corp. has a materials price standard of $2.00 per pound. 4600 pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 4600 pounds, although the standard quantity allowed for the output was 4300 pounds Bramble Corp.'s materials price variance is O $920 F. $60 U $860 U $920 u Multiple Choice Question 104 Sheffield Corp. has a materials price standard of $2.00 per pound. Six thousand pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 6900 pounds, although the standard quantity allowed for the output was 5800 pounds. Sheffield Corp.'s materials quantity variance is O $2200 F. $2200 U $2420 F. $2420 U. Multiple Choice Question 105 Sheffield Corp. has a materials price standard of $2.00 per pound. 4900 pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 4900 pounds, although the standard quantity allowed for the output was 4000 pounds Sheffield Corp.'s total materials variance is $2960 U O $2960 F $2780 U $2780 F. Multiple Choice Question 114 A company developed the following per-unit standards for its product: 2 gallons of direct materials at $8 per gallon. Last month, 5000 gallons of direct materials were purchased for $38000. The direct materials price variance for last month was O$38000 favorable. $2000 unfavorable $1000 favorable. O $2000 favorable. Multiple Choice Question 128 Bramble has a standard of 1.5 pounds of materials per unit, at $6 per pound. In producing 2500 units, Bramble purchased and used 3900 pounds of materials at a total cost of $22815. Bramble's total material variance is O $585 U. O $900 U O $675 F $315 U Multiple Choice Question 142 Variance reports are O external financial reports. OSEC financial reports. internal reports for management. All of these answers are correct