Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials quantity variance.

Direct materials standard (6 pounds @ $2/pound)	$ 12	per finished unit
Actual direct materials used	188,550	pounds
Actual finished units produced	31,000	units
Actual cost of direct materials used	$ 374,760

Multiple Choice

• $2,760 unfavorable.

• $2,340 unfavorable.

• $5,100 unfavorable.

• $2,760 favorable.

• $2,340 favorable.

A company uses the following standard costs to produce a single unit of output.

Direct materials	8 pounds at $0.80 per pound =	$ 6.40
Direct labor	0.50 hour at $9.00 per hour =	$ 4.50
Manufacturing overhead	0.50 hour at $4.40 per hour =	$ 2.20

During the latest month, the company purchased and used 76,000 pounds of direct materials at a price of $1.10 per pound to produce 10,000 units of output. Direct labor costs for the month totaled $41,710 based on 4,850 direct labor hours worked. Variable manufacturing overhead costs incurred totaled $18,000 and fixed manufacturing overhead incurred was $12,000. Based on this information, the direct materials quantity variance for the month was:

Multiple Choice

• $3,000 favorable

• $3,200 favorable

• $22,800 favorable

• $3,200 unfavorable

• $22,800 unfavorable

Ship Company produces storage crates that require 1.9 meters of material at $0.20 per meter and 0.10 direct labor hours at $17.00 per hour. Overhead is applied at the rate of $12 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card?

• $2.90.

• $3.28.

• $2.08.

• $14.08.

• $29.38.