I am struggling to answer questions 64 and 65 related to variable overhead.

Chapter 10 Standard Costs and the Balanced Scorecard Use the following to answer questions 60-65: Pardoe, Inc., manufactures a single product in which variable manufacturing overhead is assigned on the basis of direct labor hours. The company uses a standard cost system and has established the following standards for one unit of product: Direct materials ....... Direct labor......... Variable manufacturing overhead. Standard Quantity 1.5 pounds 0.6 hours 0.6 hours Standard Price or Rate $3.00 per pound $6.00 per hour $1.25 per hour Standard Cost $4.50 $3.60 $0.75 During March, the following activity was recorded by the company: The company produced 3,000 units during the month. A total of 8,000 pounds of material were purchased at a cost of $23,000. There was no beginning inventory of materials on hand to start the month; at the end of the month, 2,000 pounds of material remained in the warehouse. During March, 1600 direct labor hours were worked at a rate of $6,50 per hour. Variable manufacturing overhead costs during March totaled $1,800. . 60. The materials price variance for March is: A $1,000 F B) $1,000 U Actual Q1AP-SP) f C) $750 F D) $750 U 2000 (2.875-3) - Answer: A Level: Medium LO:2 61. The materials quantity variance for March is: A) $4,500 F B) $10,500 F C) $10,500 U D) $4,500 U SPCAQ - StQ allowed) Answer: D Level: Medium LO:2 Garrison, Managerial Accounting 12th Edition = D 10 TOV Answer: C Level: Easy LO:3 64. The variable overhead spending variance for March is: A) $200 U B) $600 U S600 F 1600 16.5 - (1600 x6) - D) $200 F Answer: D Level: Easy LO: 4 65 The variable overhead efficiency variance for March is: A) $1,050 F B) $1,050 U C) $250 F D) $250 U AHASR) - (SHASR) Answer: C Level: Easy LO: 4 3 (1600-1800) & 0.6 Garrison, Managerial Accounting, 12th Edition