Exeter has a material standard of 1 pound per unit of output. Each pound has a standard price of $26 per pound. During July, Exeter paid $142,000 for 5,030 pounds, which they used to produce 4,790 units. What is the direct materials price variance? (Do not round your intermediate calculations.)

a) $10,320 favorable b) $27,780 unfavorable c) $11,220 unfavorable d) $17,460 unfavorable

Delaware Corp. prepared a master budget that included $20,000 for direct materials, $28,600 for direct labor, $15,700 for variable overhead, and $39,000 for fixed overhead. Delaware Corp. planned to sell 4,000 units during the period, but actually sold 4,300 units. How much would direct materials cost be on a flexible budget for the period based on actual sales? (Do not round intermediate calculation. Round your final answer to the nearest dollar amount.)

a) $78,905 b) $20,165 c) $21,500 d) $18,923