The best cost driver that Johnson has for variable factory overhead in the assembly department is machine hours. During July, the company budgeted 360 machine hours and 3,240 dollars for its Oklahoma plants assembly department. The actual variable overhead incurred was 3,435 dollars, which was related to 375 machine hours. The variable overhead spending and efficiency variances are:

Variable overhead spending variance 60 F, Variable overhead efficiency variance 135 U

Variable overhead spending variance 60 U, Variable overhead efficiency variance 135 U

Variable overhead spending variance 135 U, Variable overhead efficiency variance 30 U

Variable overhead spending variance 30 U, Variable overhead efficiency variance 135 U

Blue Lite manufactures decorative weather vanes that have a standard materials cost of two pounds of raw materials at 2 dollars per pound. During November, 500 pounds of raw materials costing 4 dollars per pound were used in making 450 weather vanes. The materials price and quantity variances are:

Material Price Variance 1,000 Favorable, Material Quantity variance 800 Unfavorable

Material Price Variance 1,000 Unfavorable, Material Quantity variance 800 Favorable

Material Price Variance 500 Unfavorable, Material Quantity variance 400 Favorable

Material Price Variance 500 Favorable, Material Quantity variance 400 Unfavorable

A company's employee cafeteria budgets 20,000 dollars for food during January for 5,000 meals. At the end of January, the company has actually provided 5,500 meals, spending 21,500 dollars on food. A flexible budget analysis would reveal a(n):

500 Favorable Variance

1,500 Favorable Variance

500 Unfavorable Variance

1,500 Unfavorable Variance