1. The standard number of hours that should have been worked for the output attained is 12000 direct labor hours and the actual number of direct labor hours worked was 11500. If the direct labor price variance was $11500 unfavorable, and the standard rate of pay was $10 per direct labor hour, what was the actual rate of pay for direct labor?

$9 per direct labor hour

$11 per direct labor hour

$7 per direct labor hour

$10 per direct labor hour

2. A company uses 40000 pounds of materials for which it paid $4 a pound. The materials price variance was $30000 unfavorable. What is the standard price per pound?

$0.75

$4.00

$4.75

$3.25

3. Oriole has a standard of 2 hours of labor per unit, at $12 per hour. In producing 4000 units, Oriole used 7700 hours of labor at a total cost of $93940. Oriole's labor price variance is

$2060 F.

$1540 U.

$1600 U.

$3660 F.