1. Fletcher Company collected the following data regarding production of one of its products. Compute the total direct labor variance.

Direct labor standart (2 hours @ 12.75/hour) $ 25.5 per finish unit

actual direct labor hours 81500

actual finish unit produced 40000

actual cost of direct lAbor 1100250

$80,250 unfavorable.

$80,250 favorable.

$61,125 favorable.

$61,125 unfavorable.

$19,125 favorable.

.2. Claremont Company specializes in selling refurbished copiers. During the month, the company sold 180 copiers for total sales of $540,000. The budget for the month was to sell 175 copiers at an average price of $3,200. The sales price variance for the month was.

$20,000 favorable.

$36,000 unfavorable.

$32,000 unfavorable.

$36,000 favorable.

3. Sales variance analysis is used by managers for:

Planning purposes only.

Budgeting purposes only.

Control purposes only.

Planning and control purposes.

Planning and budgeting purposes.

4.

The following information relating to a company's overhead costs is available.

Actual total variable overhead	$73,000
Actual total fixed overhead	$17,000
Budgeted variable overhead rate per machine hour	$2.50
Budgeted total fixed overhead	$15,000
Budgeted machine hours allowed for actual output	30,000

Based on this information, the total variable overhead variance is:

$2,000 favorable.

$6,000 favorable.

$2,000 unfavorable.

$6,000 unfavorable.

$1,000 favorable.