4 acct questions need help, easy 6

Masonry Products Corporation has established the following materials standards for a particular product:

Standard quantity per unit of output	4.7 feet
Standard price	$19.50 per feet

The following data relates to operations concerning the product for the last month

Actual materials purchased	1,110 feet
Actual cost of materials purchased	$20,979
Actual materials used in production	1,010 feet
Actual output	110 units

What is the materials price variance for the month?

	$666 F
	$606 U
	$606 F
	$666 U

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Rhodes Company has established the following standards:

Direct material: 5 pounds per unit @ $4.90 per pound = $24.50 per unit

Direct labor: 2 hours per unit @ $6 per hour = $12 per unit

Variable manufacturing overhead: 2 hours per unit @ $4 per hour = $8 per unit

Actual production figures for the past year are given below.

Units produced	1,500	units
Direct material used	7,730	pounds
Direct material purchased (8,730) pounds	$49,761
Direct labor cost (2,900 hours)	18,850
Variable manufacturing overhead cost incurred	$11,750

What is the materials quantity variance?

	$7,730 U
	$1,127 U
	$230 F
	$230 U

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Lee Manufacturing Company has established the following materials standards for a particular product:

Standard quantity per unit of output	7.7	Pounds
Standard price	$14.70	per pound

The following data pertain to operations concerning the product for the last month:

Actual materials purchased	6,760	Pounds
Actual cost of materials purchased	$92,900
Actual materials used in production	6,060	Pounds
Actual output	1,200	Unit

What is the materials quantity variance for the month?

	$46,746 F
	$5,390 U
	$36,456 U
	$42,928 F

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Swanson Corporation uses a standard cost system. The company has established the following standard for the materials costs of one unit of product:

Standard Quantity	Standard Price	Standard Cost
6.0 pounds	$ 6.30/pound	$37.80

During March, the company purchased 158,000 pounds of direct material at a total cost of $1,011,200. The company manufactured 18,000 units of product during March using 108,720 pounds of direct materials. The direct materials price variance for March is: (Do not round intermediate calculations.)

	$15,800 favorable.
	$15,800 unfavorable.
	$10,872 unfavorable.
	$10,872 favorable.