Direct Materials	2.5 Units of plastic per cup @ $1.50 per unit
Direct Labor	0.10 labor hours per cup @ $13 per hour
Variable Overhead	0.10 labor hours per cup @ $11.50 per hour
Fixed Overhead	$3,200 per Month

For the month of January, the company actually produced 480 cups using 1,150 units of plastic purchased at $1.75 per unit, and 45 direct labors at a rate of $12.50 per hour. It also incurred actual variable overhead at a rate of $13 per direct labor hour, and fixed overhead of $3,150 for the month. What is the company's Direct Labor Rate Variance for the month of January?

$39 Unfavorable

$24 Favorable

$22.50 Favorable

$61.50 Favorable

What is the company's Variable Overhead Spending Variance for the month of January?

$33 Favorable

$34.50 Favorable

$72 Unfavorable

$67.50 Unfavorable

What is the company's Direct Materials Quantity Variance for the month of January?

$287.50 Favorable

$87.50 Favorable

$212.50 Unfavorable

$75 Favorable

What is the company's Direct Labor Efficiency Variance for the month of January?

$61.50 Unfavorable

$22.50 Unfavorable

$37.50 Favorable

$39 Favorable

What is the company's Variable Overhead Efficiency Variance for the month of January?

$39 Favorable

$33 Unfavorable

$34.50 Favorable

$67.50 Unfavorable

What is the company's Direct Materials Price Variance for the month of January?

$300 Favorable

$287.50 Unfavorable

$212.50 Unfavorable

$75 Favorable