8) Norton Manufacturing expects to produce 2.200 units in January and 3,200 units in February. Norton budgets $45 per unit for direct materials. Indirect materials are insignificant and not considered for budgeting purposes. The balance in the Raw Materials Inventory account (all direct materials) on January 1 is $37,350. Norton desires the ending balance in Raw Materials Inventory to be 50% of the next month's direct materials needed for production. Desired ending balance for February is $51,800. What is the cost of budgeted purchases of direct materials needed for January? A) $156,150 B) $144,900 C) $121,500 D) $193,500 9) Austin Brands Company uses standard costs for its manufacturing division. Standards specity 0.1 direct labor hours per unit of product. At the beginning of the year, the master budget for variable overhead costs included the following data: Production volume Budgeted variable overhead costs Budgeted direct labor hours 6,300 units $15,000 630 hours At the end of the year, actual data were as follows: Production volume Actual variable overhead costs Actual direct labor hours 4,200 units $15,000 480 hours What is the variable overhead rate variance? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) A) 515,000 F B) $4,687F C) $15,000 U D) $3,571 U