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need all answers 5. The following data relate to direct materials costs for August Actual costs Standard costs 7.600 pounds at $4.50 7,500 pounds at
need all answers
5. The following data relate to direct materials costs for August Actual costs Standard costs 7.600 pounds at $4.50 7,500 pounds at $5.00 What is the direct materials quantity variance? a. b. $450 favorable. $500 favorable. $450 unfavorable. $500 unfavorable. d. 6. The following data relate to direct materials costs for November: Actual costs Standard costs 5,600 pounds at $5.50 5,500 pounds at $6.00 What is the direct materials price variance? a. $2,750 favorable. b. $2,800 favorable. c. $2,750 unfavorable. d. $2,800 unfavorable. 7. The following data relate to direct labor costs for February: Actual costs Standard costs 8,700 hours at $9.00 8,000 hours at $13.00 What is the direct labor rate variance? a. $32,000 favorable. b. $34,800 favorable. c. $32,000 unfavorable. d. $34,800 unfavorable. lote to direct labor costs for the current $450 unfavoral $500 unfavorable ata relate to direct materials costs for November Actual costs Standard costs 5,600 pounds at S5.50 5,500 pounds at $6.00 What is the direect materials price variance? $2,750 favorable $2,800 favorable $2.750 unfavorable $2,800 unfavorable b. 7. The following data relate to direct labor costs for February 8,700 hours at $9.00 8,000 hours at $13.00 Actual costs Standard costs What is the direct labor rate variance? $32,000 favorable. $34,800 favorable. $32,000 unfavorable. $34,800 unfavorable. b. d. 8. The following data relate to direct labor costs for the current period: 8,000 hours at $5.50 7,750 hours at $5.75 Actual costs Standard costs What is the direct labor time variance? a. b. $1,375 favorable. $1,438 favorable. $1,375 unfavorable. $1,438 unfavorable. c. dStep by Step Solution
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