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The standard costs and actual costs for direct labor for the manufacture of 2,500 actual units of product are as follows: The direct labor rate variance is a. $2,960 favorable b. $4,500 unfavorable c. $2,960 unfavorable d. $4,500 favorable The following data are given for Stringer Company: Budgeted production 909 units Actual production 1,045 units Materials: Standard price per ounce Standard ounces per completed unit Actual ounces purchased and used in production Actual price paid for materials $1.81 Labor: Standard hourly labor rate $14.30 per hour Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead $1,114,000 Standard variable overhead rate $25.00 per standard labor hour Actual variable overhead costs $150,689 Overhead is applied on standard labor hours. The direct materials quantity variance is a. 3,100.04 favorable b. 3,100.04 unfavorable c. 680.56 unfavorable d. 680.56 favorable Robin Company records standard costs and variances in its accounts. Robin purchased and used 520 pounds of direct materials to produce a product with a 510 pound standard direct materials requirement. The standard price is $2.10 per pound. The actual materials price was $2.00 per pound. a. Journalize the entry to record the purchase of the materials. If an amount box does not require an entry, leave it blank. b. Journalize the entry to record the materials used in production. If an amount box does not require an entry, leave it blank