(1)

A firm with a standard costing system budgets 5,000 direct labor hours at $18 per hour to make 2,000 units. The firm actually produced 3,000 units using 6,000 direct labor hours at $23 per hour. When labor occurred during the period, what was the total dollar value of the debit to Work-in-Process Inventory?

(2)

A favorable materials price variance combined with an unfavorable materials usage variance most likely is caused by ___________________.

		product mix production changes.
		the purchase of lower than standard quality materials.
		the purchase and use of higher-than-standard quality materials.
		machine efficiency problems.

(3)

Elisabeth Companys unadjusted COGS for 20X1 was $97,000. They had a $2,000 unfavorable direct labor efficiency variance, a $1,000 favorable direct labor rate variance, a $4,000 unfavorable direct materials purchase price variance,and a $4,000 unfavorable direct materials usage variance. They did not have any overhead variances. What was Elisabeth Companys adjusted COGS amount for 20X1 ?