On March 31, the purchasing manager at Reynold Plastics purchased a greater quantity of raw materials than budgeted and paid the standard price for the raw materials. Which variance is directly impacted by the March 31 purchase?

A.

Materials quantity variance

B.

Materials price variance

C.

Both of the variances will be directly impacted

D.

Neither of the variances will be directly impacted

What two variances make up the direct labor variance?

A.

rate variance and efficiency variance.

B.

price variance and efficiency variance.

C.

price variance and usage variance.

D.

rate variance and price variance.

Andrew Taylor, a production line worker at Yani Yogurt, spilled an entire vat of milk. The milk must be discarded rather than used in yogurt. Which variance is directly impacted?

A.

Direct labor efficiency variance

B.

Direct materials price variance

C.

Direct labor rate variance

D.

Direct materials quantity variance

Confections produces

fudge truffles

in 10-pound batches. Each batch takes

0.18

hours of direct labor, which includes allowances for breaks, cleanup, and other downtime.

Tarragon

pays its direct labor workers an average of

$15.25

per hour. Calculate the standard direct labor cost per batch of

fudge truffles.

(Round your answer to the nearest cent.)

The standard direct labor cost per batch of fudge truffles is

.