1.) Use the following data to find the total direct labor variance if the company produced 3,500 units during the period.

Direct labor standard (4.00 hours @ $7.10/hour)	$ 28.40	per unit
Actual hours worked	11,900
Actual rate per hour	$ 7.70

• $7,770 unfavorable.

• $8,400 favorable.

• $7,770 favorable.

• $11,900 favorable.

• $8,400 unfavorable.

2.)

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

Direct labor standard (2 hours @ $12.75/hour)	$ 25.50	per finished unit
Actual direct labor hours	87,400	hours
Actual finished units produced	43,000	units
Actual cost of direct labor	$ 1,176,900

• $80,400 unfavorable.

• $80,400 favorable.

• $62,550 favorable.

• $62,550 unfavorable.

• $17,850 unfavorable.

3.) The standard materials cost to produce 1 unit of Product R is 8 pounds of material at a standard price of $57 per pound. In manufacturing 6,700 units, 51,700 pounds of material were used at a cost of $59 per pound. What is the direct materials price variance?

Multiple Choice

• $103,400 unfavorable.

• $103,400 favorable.

• $108,300 unfavorable.

• $108,300 favorable.

• $4,900 favorable.