1. Luma Inc. has provided the following data concerning one of the products in its standard cost system.

Inputs	Standard Quantity or Hours per Unit of Output	Standard Price or Rate
Direct materials	4.8 ounces	$6.90 per ounce

The company has reported the following actual results for the product for September:

Actual output		2,100	units
Raw materials purchased		10,500	ounces
Actual price of raw materials	$	7.80	per ounce
Actual cost of raw materials purchased	$	81,900
Raw materials used in production		10,090	ounces

The raw materials quantity variance for the month is closest to:

Multiple Choice

• $69 F

• $78 F

• $69 U

• $78 U

2. Devoto Inc. has provided the following data concerning one of the products in its standard cost system.

Inputs	Standard Quantity or Hours per Unit of Output	Standard Price or Rate
Direct materials	6.6 grams	$7.70 per gram

The company has reported the following actual results for the product for June:

Actual output		9,200	units
Raw materials purchased		64,500	grams
Actual cost of raw materials purchased	$	548,250
Raw materials used in production		60,710	grams

The raw materials quantity variance for the month is closest to:

Multiple Choice

• $77 U

• $85 F

• $85 U

• $77 F