Bower Co. produced 4,000 units of product. Each unit requires 0.5 standard hour. The standard labor rate is $12 per hour. Actual direct labor for the period was $22,000

(2,200 hours * $10 per hour). The direct labor time variance is:

A. 100 hours unfavorable B. $2,000 unfavorable

C, $4,000 favorable D. $2,400 unfavorable

20. The following data relate to direct materials costs for November:

Actual costs 4,600 pounds at $5.50

Standard costs 4,500 pounds at $6.00

What is the direct materials quantity variance?

A. $550 unfavorable

B. $600 favorable

C. $550 favorable

D. $ 600 unfavorable

21. If the price paid per unit differs from the standard price per unit for direct materials, the variance involved is termed

A. Variable variance

B. Controllable variance

C. Price variance

D. Volume variance