1) Landram Corporation makes a product with the following standard costs: Inputs Standard Quantity or Hours Standard Price or Rate Direct materials 2.0 kilos $7.00 per kilo Direct labor 0.5 hours $13.00 per hour Variable overhead 0.5 hours $7.00 per hour In March the company produced 4,500 units using 10,110 kilos of the direct material and 2,090 direct labor-hours. During the month, the company purchased 10,680 kilos of the direct material at a cost of $76,560. The actual direct labor cost was $38,257 and the actual variable overhead cost was $11,958. The company applies variable overhead on the basis of direct labor-hours. The direct materials price variance is computed when the materials are purchased. Answer and in U or F. The materials quantity variance for March is:______ 2) Landram Corporation makes a product with the following standard costs: Inputs Standard Quantity or Hours Standard Price or Rate Direct materials 2.0 kilos $7.00 per kilo Direct labor 0.6 hours $18.00 per hour Variable overhead 0.6 hours $2.00 per hour In March the company produced 4,800 units using 10,240 kilos of the direct material and 2,220 direct labor-hours. During the month, the company purchased 10,810 kilos of the direct material at a cost of $76,690. The actual direct labor cost was $38,234 and the actual variable overhead cost was $11,935. The company applies variable overhead on the basis of direct labor-hours. The direct materials price variance is computed when the materials are purchased. The materials price variance for March is: (Do not round intermediate calculations.), and in U or F. 3) The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output 5.10 hours Standard variable overhead rate $11.20 per hour The following data pertain to operations for the last month: Actual hours 8,600 hours Actual total labor cost $95,980 Actual output 1,600 units What is the variable overhead rate variance for the month? (Do not round intermediate calculations.)and in U or F. 4)The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output 3.70 hours Standard variable overhead rate $11.05 per hour The following data pertain to operations for the last month: Actual hours 9,000 hours Actual total labor cost $95,830 Actual output 2,200 units What is the variable overhead efficiency variance for the month? (Do not round intermediate calculations.) and in U or F 5) Hurren Corporation makes a product with the following standard costs: Inputs Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct materials 3.4 grams $4.00 per gram $13.60 Direct labor 0.9 hours $11.00 per hour $9.90 Variable overhead 0.9 hours $8.00 per hour $7.20 The company reported the following results concerning this product in June. Originally budgeted output 8,500 units Actual output 8,400 units Raw materials used in production 28,280 grams Actual direct labor-hours 3,500 hours Purchases of raw materials 30,800 grams Actual price of raw materials purchased $4.10 per gram Actual direct labor rate $11.90 per hour Actual variable overhead rate $7.70 per hour The company applies variable overhead on the basis of direct labor-hours. The direct materials price variance is computed when the materials are purchased. The materials quantity variance for June is:____ 6) Last month 75,000 pounds of direct material were purchased and 71,000 pounds were used. If the actual purchase price per pound was $0.50 more than the standard purchase price per pound, then the materials price variance was: 7) Variable manufacturing overhead is applied to products on the basis of standard direct labor-hours. If the direct labor efficiency variance is unfavorable, the variable overhead efficiency variance will be