llOR Ras a standard of 2 hours of labor per unit, at $12 per hour. In p hour. In producing 2,000 t1 ilon'slabor qntut units, Dillon used 3,850 hours of labor at a total cost of $46,970. Dil vanance is A) $770 U. B) $1,930F. C) $770 F. D) $1,800 F. 13, Jose Reynolds deposited $10,000 in an account paying interest of 4% compounded annually. What amount will be in the account at the end of 4 years? mpany manufactures a product with a standard direct labor cost of two hours at 00 per hour. During July, 2,000 units were produced using 4,200 hours at $18.30 per hour. The labor price variance was A) $1,260 U 14. Clark Co B) $4,860 U. C) $4,860 F D) $3,600 U. 15. Dillon has a standard of 1.5 pounds of materials per unit, at $6 per pound. In producing 2,000 units, Dillon used 3,100 pounds of materials at a total cost of $18,135. Dillon's materials quantity variance is A) $600 U. B) $465 U. C) $1,050 U. D) $135 F 16. During March, Patt, Inc. purchases and uses 8,800 pounds of materials costing $35,640 to make 4,000 tiles. Patt's standard material cost per tile is $8 (2 pounds of material x $4.00) Instructions Compute the total, price, and quanity material variances for Patt, Inc. for March. 17. Dillon has a standard of 1.5 pounds of materials per unit, at $6 per pound. In produ 2,000 units, Dillon used 3,100 pounds of materials at a total cost of $18,135. Dillo total variance is A) $600 B) $450 F C) $465 U D) $135 U