1: A company developed the following per-unit standards for its product: 2 pounds of direct materials at $6 per pound. Last month, 1500 pounds of direct materials were purchased for $5700. The direct materials price variance for last month was

$5700 favorable.

$1650 favorable.

$3300 unfavorable.

$3300 favorable.

2:Sheridan Companyplanned to use 1 yard of plastic per unit budgeted at $96 a yard. However, the plastic actually cost $95 per yard. The company actually made 4600 units, although it had planned to make only 3800 units. Total yards used for production were 4660. How much is the total materials variance?

$76800 U

$4660 F

$1100 U

$7680 U

3:The per-unit standards for direct labor are 2 direct labor hours at $15 per hour. If in producing 2500 units, the actual direct labor cost was $73600 for 4600 direct labor hours worked, the total direct labor variance is

$2500 unfavorable.

$1400 favorable.

$1400 unfavorable.

$875 unfavorable.

4:The standard rate of pay is $20 per direct labor hour. If the actual direct labor payroll was $137200 for 7000 direct labor hours worked, the direct labor price (rate) variance is

$3500 favorable.

$3500 unfavorable.

$2800 unfavorable.

$2800 favorable.