43.

Cost standards for one unit of product no. C77:
Direct material 3 pounds at $2.80 per pound	$8.40
Direct labor 6 hours at $7.40 per hour	44.40
Actual results:
Units produced 6,600 units
Direct material purchased 26,200 pounds at $3.00	$78,600
Direct material used 19,500 pounds at $3.00	58,500
Direct labor 40,700 hours at $7.20	293,040

A.) Assume that the company computes variances at the earliest point in time. The direct-material quantity variance is:

$840F.

$840U.

$17,920U.

$17,920F.

None of these.

B.) Assume that the company computes variances at the earliest point in time. The direct-material price variance is:

$5,040F.

$5,040U.

$5,240F.

$5,240U.

None of these.

C.) Assume that the company computes variances at the earliest point in time. The direct-labor rate variance is:

$7,834F.

$7,834F.

$8,140F.

$8,140U.

None of these.

D.) Assume that the company computes variances at the earliest point in time. The direct-labor efficiency variance is:

$8,034F.

$8,034U.

$8,140F.

$8,140U.

None of these.

E.) Assume that the company computes variances at the earliest point in time. The standard hours allowed for the work performed are:

40,270.

39,750.

39,600.

39,500.

None of these.