27.

The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.99; actual, $2.05 Standard yards per unit: standard, 4.65 yards; actual, 5.26 yards Units of production: 9,100 Calculate the direct materials price variance.

a.$2,871.96 favorable

b.$2,538.90 favorable

c.$2,871.96 unfavorable

d.$546.00 unfavorable

26.

The Flapjack Corporation had 8,018 actual direct labor hours at an actual rate of $12.40 per hour. Original production had been budgeted for 1,100 units, but only 996 units were actually produced. Labor standards were 7.1 hours per completed unit at a standard rate of $12.78 per hour.

The labor rate variance is

$3,046.84 unfavorable

$3,046.84 favorable

$11,904.06 unfavorable

$11,904.06 favorable

21.

The following data is given for the Harry Company:

Budgeted production	1,033 units
Actual production	966 units
Materials:
Standard price per ounce	$1.892
Standard ounces per completed unit	10
Actual ounces purchased and used in production	9,950
Actual price paid for materials	$20,398
Labor:
Standard hourly labor rate	$14.13 per hour
Standard hours allowed per completed unit	4.2
Actual labor hours worked	4,975
Actual total labor costs	$80,844
Overhead:
Actual and budgeted fixed overhead	$1,020,000
Standard variable overhead rate	$27.00 per standard labor hour
Actual variable overhead costs	$139,300
Overhead is applied on standard labor hours. (Round interim calculations to the nearest cent.)

The direct labor rate variance is

a.$23,515.76 unfavorable

b.$10,547.00 favorable

c.$10,547.00 unfavorable

d.$23,515.76 favorable