Materials cost per yard: standard, $1.91; actual, $2.03 Standard yards per unit: standard, 4.62 yards; actual, 5.29 yards Units of production: 9,000 Calculate the direct materials price variance.

a.$5,713.20 unfavorable

b.$4,989.60 favorable

c.$5,713.20 favorable

d.$1,080.00 unfavorable

Materials cost per yard: standard, $1.91; actual, $2.04 Standard yards per unit: standard, 4.74 yards; actual, 5.12 yards Units of production: 9,000 Calculate the direct materials quantity variance.

a.$6,976.80 unfavorable

b.$6,532.20 favorable

c.$6,976.80 favorable

d.$6,532.20 unfavorable

Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,630 pounds of material, $5.00; and standard costs for 4,430 pounds of material at $6.00 per pound.

What is the direct materials price variance?

a.$1,200 unfavorable

b.$4,630 unfavorable

c.$1,200 favorable

d.$4,630 favorable

Flapjack Corporation had 7,728 actual direct labor hours at an actual rate of $12.00 per hour. Original production had been budgeted for 1,100 units, but only 960 units were actually produced. Labor standards were 7.7 hours per completed unit at a standard rate of $13.23 per hour.

The direct labor rate variance is

$9,505.44 unfavorable

$9,505.44 favorable

$3,962.65 unfavorable

$3,962.65 favorable