Please show calculations so I can understand how the numbers were determined. The text is horrible about explaining this for me. ---------------------------------------------------------------- 1) ABC Company's production budget for October is based on 500 units. Standard unit cost for raw materials is $130 per unit ($10 per pound x 13 pounds per unit). ABC's actual production in October = 525 units. The actual cost of materials used = $69,300 ($11 per pound x 12 pounds per unit).

i) Calculate the raw materials price variance for October. Is it favorable or unfavorable? Raw materials price variance = ii) Calculate the raw materials usage variance for October. Is it favorable or unfavorable? Raw materials usage variance =

------------------------------------------------------------------------------------------ 2) ABC Company's production budget for October is based on 500 units. Standard unit cost for direct labor is $100 per unit ($20 per hour x 5 hours per unit). ABC's actual production in October = 525 units. The actual cost of direct labor = $56,700 ($18 per hour x 6 hours per unit).

Calculate the direct labor rate variance for October. Is it favorable or unfavorable? Direct labor rate variance = ------------------------------------------------------------------------------------------------------ 3) ABC Company's production budget for October is based on 500 units. Standard unit cost for variable overhead is $25 per unit ($5 per hour x 5 hours per unit). ABC's actual production in October = 525 units. The actual cost of variable overhead = $18,900 ($6 per hour x 6 hours per unit).

i) Calculate the variable overhead spending variance for October. Is it favorable or unfavorable? Variable overhead spending variance = $

ii) Calculate the variable overhead efficiency variance for October. Is it favorable or unfavorable? Variable overhead efficiency variance = $

------------------------------------------------------------------------ 4) ABC Company's production budget for April included the following for raw materials: Budgeted production = 35,000 units Budgeted raw materials unit cost = $16 per unit

ABC Company's actual production for April was the following: Actual production = 36,000 units Actual raw materials cost = $16.20 per unit

Calculate the following items for ABC's April performance report for raw materials:

i) Original budget = $ ii) Flexed budget = $ iii) Actual cost = $ iv) Variance = $ v) Is it favorable or unfavorable?

------------------------------------------------------------------------------------------ 5) ABC Company's production budget for April included the following for direct labor: Budgeted production = 15,000 units Budgeted direct labor unit cost = $24 per unit

ABC Company's actual production for April was the following: Actual production = 16,000 units Actual direct labor cost = $25.00 per unit

Calculate the following items for ABC's April performance report for direct labor:

i) Original budget = $ ii) Flexed budget = $

------------------------------------------------------------------------------------------ 6) April Corporation developed the following per-unit standards for its product: 2 pounds of direct materials at $3.75 per pound. Last month, 2,000 pounds of direct materials were used to produce 900 units of product.

The direct materials usage variance for last month was: a. $200 unfavorable. b. $750 unfavorable. c. $1,800 favorable. d. $200 favorable

---------------------------------------------------------------- Thanks In advance!