Page 1: You have been given the following per unit information about the production of Thomas Ltd., and are asked to provide the plant manager with information for a meeting with the vice-president of operations: 1 1 2 3 > 4 5 Standard Standard Actual Actual Quantity Price Quantity Price Direct materials 4 kg $2.80 / kg 4.5 kg $2.50 / kg Direct labour 1.5 hours $18/ hour 1.75 hours $17 / hour Production data, both budgeted and actual, for the year are as follows: 7 Page 2: 8 9 10 5 Description Amount Actual production (units) 42,000 Actual materials purchased and used (kg) 189,000 The plant manager has asked you to calculate the following variances: direct material price variance, direct material usage variance, direct labour rate variance, and the direct labour efficiency variance. Use your work to answer the following questions. 11 Question 41 (1.5 points) Saved Page 1: Question 41 (1.5 points) Saved 1 2 3 The total direct material price variance is $. 4. 5 6. Enter your answer as a positive number. > 56700 A/ 7. Question 42 (1 point) Saved Page 2: The direct material price variance is 8 10 a) Favourable 11 Ob) Unfavourable c) Neither favourable or unfavourable Page 1: Question 43 (1.5 points) Saved 1 2 3 The total direct material usage variance is $. 4 5 6 Enter your answer as a positive number. > > 58800 7 Question 44 (1 point) Saved Page 2: The direct material usage variance is 8 9 10 a) Neither favourable or unfavourable 11 b) Favourable c) Unfavourable Page 1: Question 45 (1.5 points) Saved 1 2 3 The total labour rate variance is $. 4. 5 6 Enter your answer as a positive number. 73500 A/ 7 Question 46 (1 point) Saved Page 2: The direct labour rate variance is 8 9 10 a) Unfavourable 11 b) Favourable c) Neither favourable or unfavourable Page 1: Question 47 (1.5 points) Saved 1 2 3 The total labour efficiency variance is $ Enter your answer as a positive number. 4 5 6 189000 AJ Question 48 (1 point) Saved The direct labour efficiency variance is Page 2: 8 9 10 a) Unfavourable b) Neither favourable or unfavourable 11 c) Favourable Next Page Page 8 of 9