Majer Corporation manufactures a product with the following standard costs:

	Standard amount or hours			Price or Standard Rate			Standard cost per unit
Direct materials		6.4	ounces	ps	3.00	per ounce	ps	19.20
Direct labour		0.4	hours	ps	13.00	per hour	ps	5.20
Variable Overhead		0.4	hours	ps	5.00	per hour	ps	2.00

The company reported the following results regarding this product in February.

Product originally budgeted		4.800	units
actual output		4,900	units
Raw materials used in production.		30,230	ounces
Actual direct labor hours		1,910	hours
raw material purchases		32,600	ounces
Actual price of raw materials.	ps	2.90	per ounce
Actual rate of direct labor	ps	12.40	per hour
Real Variable Overhead Rate	ps	4.90	per hour

The company applies variable overhead on the basis of direct labor hours. The direct materials purchase variance is calculated when the materials are purchased.

The variation in the price of materials for February is ?

2. Tharaldson Corporation manufactures a product with the following standard costs:

	Standard amount or hours			Price or Standard Rate			Standard cost per unit
Direct materials		6.5	ounces	ps	2.00	per ounce	ps	13.00
Direct labour		0.2	hours	ps	23.00	per hour	ps	4.60
Variable Overhead		0.2	hours	ps	6.00	per hour	ps	1.20

The company reported the following results regarding this product in June.

Product originally budgeted		2,700	units
actual output		2,800	units
Raw materials used in production.		19,380	ounces
raw material purchases		21,400	ounces
Actual direct labor hours		500	hours
Actual cost of raw material purchases	ps	40,660
Actual cost of direct labor	ps	12,050
Actual Variable Overhead Cost	ps	3,100

The company applies variable overhead on the basis of direct labor hours. The direct materials purchase variance is calculated when the materials are purchased.

The variation in the price of materials for June is ?

Handerson Corporation manufactures a product with the following standard costs:

	Standard amount or hours			Price or Standard Rate
Direct materials		8.5	kilos	ps	6.00	per kilo
Direct labour		0.4	hours	ps	20.00	per hour
Variable Overhead		0.4	hours	ps	6.00	per hour

The company reported the following results regarding this product in August.

actual output		3,200	units
Raw materials used in production.		29,030	kilos
raw material purchases		31,600	kilos
Actual direct labor hours		1,160	hours
Actual cost of raw material purchases	ps	195,920
Actual cost of direct labor	ps	22,736
Actual Variable Overhead Cost	ps	7,540

The company applies variable overhead on the basis of direct labor hours. The direct materials purchase variance is calculated when the materials are purchased.

The labor efficiency variation for August is ?

Handerson Corporation manufactures a product with the following standard costs:

	Standard amount or hours			Price or Standard Rate
Direct materials		8.5	kilos	ps	6.00	per kilo
Direct labour		0.4	hours	ps	20.00	per hour
Variable Overhead		0.4	hours	ps	6.00	per hour

The company reported the following results regarding this product in August.

actual output		3,200	units
Raw materials used in production.		29,030	kilos
raw material purchases		31,600	kilos
Actual direct labor hours		1,160	hours
Actual cost of raw material purchases	ps	195,920
Actual cost of direct labor	ps	22,736
Actual Variable Overhead Cost	ps	7,540

The company applies variable overhead on the basis of direct labor hours. The direct materials purchase variance is calculated when the materials are purchased.

The variable overhead efficiency variance for August is ?