Actual production Direct materials purchased and used (5,000 kgs.) Direct labour cost (4,500 hours) Manufacturing overhead costs incurred Budgeted production and standard costs were: 4,000 units $22,500 $51,750 $24,000 Budgeted production Direct materials Direct labour Variable manufacturing overhead 3,500 units 2 kgs./unit at $4.25/kg. 1.5 hrs./unit at $12.00/hr. $5 per unit Budgeted production 3,500 units Direct materials 2 kgs./unit at $4.25/kg. Direct labour 1.5 hrs./unit at $12.00/hr. Variable manufacturing overhead $5 per unit Fixed manufacturing overhead $21,000 What is the direct materials efficiency variance at Dazzle Toy Company? O A. $12,750 favourable B. $13,500 favourable O c. $13,500 unfavourable OD. $12,750 unfavourable SuperOffice Company expects its November sales to be 20% higher than its October sales of $180,000. Purchases were $110,000 in October and are expected to be $160,000 in November. All sales are on credit and are collected as follows: 30% in the month of the sale and 60% in the following month. Purchases are paid 40% in the month of purchase and 60% in the following month. The cash balance on November 1 is $13,500. The cash balance on November 30 will be A. $56,300. B. $42,800. C. $29,300. D. $2,300. Gibbon's Natural Foods produces a trail mix (snack food) which contains raisins as one of its ingredients. The raisin (materials) standards for each batch of trail mix produced are 15 kilograms of raisins at a standard cost of $2.00 per kilogram. During October, Gibbon's Natural Foods purchased and used 51,000 kilograms of raisins at a total of $133,000 to make a total of 3,000 batches of trail mix. What is the materials quantity (efficiency) variance for raisins in October? O A. $12,000 unfavourable B. $84,000 unfavourable O C. $84,000 favourable OD. $12,000 favourable