Oxford Co. has a material standard of 2.1 pounds per unit of output. Each pound has a standard price of $12 per pound. During February, Oxford Co. paid $57,500 for 4,870 pounds, which were used to produce 2,420 units. What is the direct materials price variance? (Do not round your intermediate calculations.)

Multiple Choice

• $1,500 unfavorable

• $940 favorable

• $940 unfavorable

• $1,500 favorable

Cooper Company has a direct material standard of 2 gallons of input at a cost of $14.00 per gallon. During July, Cooper Company purchased and used 6,600 gallons, paying $46,800. The direct materials quantity variance was $1,960 unfavorable. How many units were produced?

Multiple Choice

• 3,137 units

• 3,330 units

• 3,230 units

• 6,600 units

Scarlett Company has a direct material standard of 3 gallons of input at a cost of $9 per gallon. During July, Scarlett Company purchased and used 7,540 gallons. The direct material quantity variance was $450 unfavorable and the direct material price variance was $3,770 favorable. What price per gallon was paid for the purchases?

Multiple Choice

• $9.00

• $6.40

• $8.50

• $9.40

Whitman has a direct labor standard of 2 hours per unit of output. Each employee has a standard wage rate of $22.50 per hour. During July, Whitman paid $189,600 to employees for 8,900 hours worked. 4,760 units were produced during July. What is the direct labor efficiency variance?

Multiple Choice

• $10,650 favorable

• $24,600 favorable

• $10,650 unfavorable

• $13,950 favorable

Delaware Corp. prepared a master budget that included $21,360 for direct materials, $33,600 for direct labor, $18,000 for variable overhead, and $46,440 for fixed overhead. Delaware Corp. planned to sell 4,000 units during the period, but actually sold 4,300 units. What would Delaware's direct labor cost be if it used a flexible budget for the period based on actual sales?

Multiple Choice

• $14,448

• $31,256

• $33,600

• $36,120