Assume that the company computes variances at the earliest point in time. A. The direct-material price variance is: B. The direct-material quantity variance is: C. The direct-labor rate variance is:

D. The direct-labor efficiency variance is:

Cost standards for one unit of product no. C77: Direct material 3 pounds at $2.50 per pound Direct labor 5 hours at $7.50 per hour $ 7.50 37.50 Actual results: Units produced 7,800 units Direct material purchased 26,000 pounds at $2.70 Direct material used 23,100 pounds at $2.70 Direct labor 40,100 hours at $7.30 $ 70,200 62,370 292,730