18. A manufacturing company has a standard quantity of direct materials of 6 pounds per unit at a standard price of $2.20 per pound. In April the actual material price was $2.40 per pound and the company produced 5,500 units. If the company experienced a favorable material quantity variance of $6,600 during the month, the actual quantity of material used was:

A. 30,000 pounds.

B. 33,000 pounds.

C. 35,750 pounds.

D. 36,000 pounds.

19. Last month 22,000 pounds of material were purchased and 18,000 pounds were used. If the actual cost per pound of the material was $.60 less than the standard price then the material price variance was:

A. $13,200 unfavorable.

B. $13,200 favorable.

C. $2,400 favorable.

D. $10,800 favorable.

20. Tank Corporation has determined that it takes an employee 0.25 hour to process a claim and the standard wage rate is $13.00 per hour. During the last month, employees spent a total of 640 hours processing 2,700 claims. Employees were paid a total of $8,000. Calculate Tanks labor rate variance. A. $675.00 favorable

B $320.00 favorable C. $337.50 favorable D. $35.56 favorable