- Do NOT round calculations, ONLY round final answer for each individual required in a problem

- Use rounded answers for subsequent questions for same problem

- Dollar amount - round to nearest penny

- % to two decimal places

- round units to the next unit

You have been given the following per unit information about the production of Thomas Ltd., and are asked to provide the plant manager with information for a meeting with the vice-president of operations: Standard Standard Actual Actual Quantity Price Quantity Price Direct materials 4 kg $2.80 / kg 4.5 kg $2.50 / kg Direct labour 1.5 hours $18/hour 1.75 hours $17 /hour Production data, both budgeted and actual, for the year are as follows: Description Amount Actual production (units) 42,000 Actual materials purchased and used (kg) 189,000 The plant manager has asked you to calculate the following variances: direct material price variance, direct material usage variance, direct labour rate variance, and the direct labour efficiency variance. Use your work to answer the following questions. Question 12 (1.5 points) The total direct material price variance is $ Enter your answer as a positive number. A/ Question 13 (1 point) The direct material price variance is a) Unfavourable Ob) Favourable c) Neither favourable or unfavourable Question 14 (1.5 points) Question 14 (1.5 points) The total direct material usage variance is $. Enter your answer as a positive number. A/ Question 15 (1 point) The direct material usage variance is O a) Neither favourable or unfavourable b) Unfavourable c) Favourable Question 16 (1.5 points) Question 16 (1.5 points) The total labour rate variance is $ Enter your answer as a positive number. A/ Question 17 (1 point) The direct labour rate variance is a) Neither favourable or unfavourable b) Favourable c) Unfavourable Question 18 (1.5 points) The total labour efficiency variance is $. Enter your answer as a positive number. A Question 19 (1 point) The direct labour efficiency variance is a) Neither favourable or unfavourable b) Unfavourable c) Favourable