HB Company makes baseball bats. The standard cost of one bat is as follows: Materials 5 pounds of wood @ $5.00 a pound = $25 Labor .5 hours @ $30 = $15 Overhead .5 hours @ $20 ($15 fixed, $5 variable) = $10 Fixed overhead based on 5,100 normal capacity hours Total $50 During March, HB produced 10,000 bats and had the following actual costs Materials 50,100 pounds of wood (cost $245,490, all was used) Labor 4,900 hours (cost $151,900) Overhead Total cost $102,900

1) HBs March material quantity variance was

A. $10,000 favorable

B.$1,000 unfavorable

C. $500 favorable

D. $500 unfavorable

2. HBs March labor quantity (efficiency) variance was

A. $30,000 unfavorable

B. $3,000 favorable

C. $3,000 unfavorable

D. $300 favorable

3. HBs March labor price (rate) variance was

A. $4,900 unfavorable

B. $4,900 favorable

C. $4,000 unfavorable

D. $4,000 favorable

4. HBs March overhead controllable (spending) variance was

A) $29,000 favorable

B) $2,900 favorable

C) $2,900 unfavorable

D) $29,000 unfavorable

5. HBs March overhead volume variance was

A) $1,500 unfavorable

B) $1,500 favorable

C) $150 unfavorable

D) $15,000 favorable