11. The Most Esteemed Professor Mullen's company developed the following per-unit standards for its product: 2 pounds of direct materials at $4 per pound. Last month, 1,000 pounds of direct materials were purchased for $3,800. The direct materials price variance for last month was A) $3,800 favorable. B) $200 favorable. C) $100 favorable. D) $200 unfavorable. 12. Brilliant Professor Mullen Company has a materials price standard of $2.00 per pound. Three thousand pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 3,000 pounds, although the standard quantity allowed for the output was 2,700 pounds. Brilliant Professor Mullen Company's materials price variance is A) $60 U. B) $600 U. C) $540 U. D) $600 F. 13. Genius Professor Mullen Company has a materials price standard of $2.00 per pound. Three thousand pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 3,000 pounds, although the standard quantity allowed for the output was 2,700 pounds. Genius Professor Mullen Company's materials quantity variance is A) $600 U. B) S600 F. C) $660 F. D) $660 U. 14. His Excellency Professor Mullen Inc. produces a product requiring 3 direct labor hours at $20.00 per hour. During January, 2,000 products are produced using 6,300 direct labor hours. His Excellency Professor Mullen's actual payroll during January was $122,850. What is the labor quantity variance? A) $2,850 U B) $6,000 F C) $3,150 F D) $6,000 U 15. A company developed the following per-unit standards for its product: 2 gallons of direct materials at $6 per gallon. Last month, 2,000 gallons of direct materials were purchased for $11,400. The direct materials price variance for last month was A) $11,400 favorable. B) $300 favorable. C) $600 favorable. D) $600 unfavorable