must state whether the Variance is Favourable or Unfavourable. To receive full credit your answer must be labeled as such. For example: An answer such as - $4500 will not be given full credit, even if the number is correct. The same number shown as $4500 Favourable would receive full marks. The following are independent questions: 1. Information on Fleming Company's direct material costs follows: Actual amount of direct materials purchased and used 20,000 kilograms Actual direct material costs $40,000 Standard direct material costs $2.10 per kilogram Calculate the direct materials price variance 2 marks 2. During March, Younger Companys direct material costs for product T were as follows: Actual unit purchase price $6.50 per meter Standard quantity allowed for actual production 2,100 meters Quantity purchased and used for actual production 2,300 meters Standard unit price $6.25 per meter Calculate the materials usage variance 2 marks 3. The following labour standards have been established for a particular product Standard labour hours per unit of output 1.7 hours Standard labour rate $14.25 per hour The following data pertains to operations concerning the product for the last month: Actual hours worked 3,700 hours Actual total labour cost $50,690 Actual output 2,300 units Calculate the labour rate variance 2 marks 4. Yola Company manufactures a product with standards for direct labour of 4 direct labour-hours per unit at a cost of $12.00 per direct labour-hour. During June, 1,000 units were produced using 4,100 hours at $12.20 per hour. What was the direct labour efficiency variance? Calculate the labour efficiency variance 2 marks