1)The standard costs and actual costs for factory overhead for the manufacture of 2,700 units of actual production are as follows:

Standard Costs
Fixed overhead (based on 10,000 hours)	3 hours per unit @ $0.77 per hour
Variable overhead	3 hours per unit @ $1.93 per hour
Actual Costs
Total variable cost, $17,900
Total fixed cost, $7,800

The amount of the fixed factory overhead volume variance is

a.$1,463 unfavorable

b.$1,170 favorable

c.$0

d.$1,170 unfavorable

2)

The following data is given for the Stringer Company:

Budgeted production	937 units
Actual production	1,065 units
Materials:
Standard price per ounce	$1.97
Standard ounces per completed unit	11
Actual ounces purchased and used in production	12,066
Actual price paid for materials	$24,735
Labor:
Standard hourly labor rate	$14.71 per hour
Standard hours allowed per completed unit	4.5
Actual labor hours worked	5,484.75
Actual total labor costs	$83,642
Overhead:
Actual and budgeted fixed overhead	$1,177,000
Standard variable overhead rate	$27.00 per standard labor hour
Actual variable overhead costs	$153,573
Overhead is applied on standard labor hours.

Round your final answer to the nearest dollar. Do not round interim calculations.

The direct materials price variance is

a.$965.28 favorable

b.$2,413.2 favorable

c.$965.28 unfavorable

d.$2,413.2 unfavorable

3)

The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.93; actual, $2.03 Standard yards per unit: standard, 4.63 yards; actual, 4.95 yards Units of production: 9,100 Calculate the direct materials quantity variance.

a.$5,911.36 favorable

b.$5,620.16 favorable

c.$5,911.36 unfavorable

d.$5,620.16 unfavorable