1.

Bellingham Company produces a product that requires 5 standard pounds per unit. The standard price is $5 per pound. If 4,200 units required 21,600 pounds, which were purchased at $4.9 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

a. Direct materials price variance	$--------
b. Direct materials quantity variance	$--------
c. Total direct materials cost variance	$--------

2.

Bellingham Company produces a product that requires 9 standard hours per unit at a standard hourly rate of $10.00 per hour. If 3,600 units required 33,700 hours at an hourly rate of $9.80 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

a. Direct labor rate variance	$---------
b. Direct labor time variance	$---------
c. Total direct labor cost variance	$---------

3.

Dvorak Company produced 4,500 units of product that required 5.5 standard hours per unit. The standard fixed overhead cost per unit is $2.95 per hour at 22,250 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. $ --------------