Can someone please answer as many of these as possible

1.

The Wright Company has a standard costing system. The following data are available for September:

Actual quantity of direct materials purchased	25,000	pounds
Standard price of direct materials	$8	per pound
Material price variance	$4,000	unfavorable
Material quantity variance	$6,500	favorable

The actual price per pound of direct materials purchased in September is:(Round your answer to 2 decimal places.)

$8.21$7.79$8.16$8.00

2.

Which of the following would produce a materials price variance? A. An excess number of direct labor-hours worked in completing a job. B. Breakage of materials in production. C. Shipping materials to the plant by air freight rather than by truck. D. An excess quantity of materials used. 3.

Landram Corporation makes a product with the following standard costs:

	Standard Quantityor Hours	Standard Price or Rate
Direct materials	2.0 kilos	$7.00 per kilo
Direct labor	1.2 hours	$18.00 per hour
Variable overhead	1.2 hours	$6.00 per hour

In March the company produced 4,400 units using 10,180 kilos of the direct material and 2,160 direct labor-hours. During the month, the company purchased 10,750 kilos of the direct material at a cost of $76,630. The actual direct labor cost was $38,250 and the actual variable overhead cost was $11,951.

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The materials price variance for March is:

$1,240 F $1,380 F $1,240 U

$1,380 U

4. The Collins Corporation uses standard costing and has established the following direct material and direct labor standards for each unit of the single product it makes: ? Direct materials: 4 gallons at $8 per gallon ? Direct labor: 1 hour at $16 per hour During July, the company made 6,000 units of product and incurred the following costs: ? Direct materials purchased: 26,800 gallons at $8.20 per gallon ? Direct materials used: 25,200 gallons ? Direct labor used: 5,600 hours at $15.30 per hour The direct materials purchases variance is computed when the materials are purchased.

The materials price variance for July was:

$5,360 Favorable $5,040 Favorable $5,360 Unfavorable $5,040 Unfavorable MC DU. 108 Gilder Corporation makes a product with the..- Gilder Corporation makes a product with the following standard costs: Standard Quantityr or Hours Standard Price or Rate Standard Cost Per Unit Direct materials .......... Y6 grams $6. 00 per gram $45.60 Direct labor ................ 0.1 hours $16.00 per hour $1.60 Variable overhead ...... 0.1 hours $6. 00 per hour $0.60 The company reported the following results concerning this product in June. Originally budgeted output ......................... 5.400 units Actual output ............................................ 5.500 units Raw materials used in production .............. 39,200 grams Purchases of raw materials ....................... 44.100 grams Actual direct tabor-hours ............................ 510 hours Actual cost of raw materials purchases ....... 0260.190 Actual direct labor cost .............................. $7,803 Actual variabte overhead cost $2,754 The company applies variable overhead on the basis of direct laborhours. The direct materials purchases variance is computed when the materials are purchased. The variable overh ead efciency varia nce for June is: 0 $2160 0 $240F 0 $24ch 0 $2151