PLEASE HELP THANKS
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The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.98; actual, $2.03 Standard yards per unit: standard, 4.63 yards; actual, 5.09 yards Units of production: 9,400 Calculate the direct materials quantity variance. a. $8,777.72 favorable b. $8,561.52 unfavorable c. $8,561.52 favorable Od. $8,777.72 unfavorable The standard costs and actual costs for direct materials for the manufacture of 2,260 actual units of product are as follows: Standard Costs 2,260 kilograms @ $8.60 Direct materials Actual Costs 2,400 kilograms @ $8.40 Direct materials The direct materials quantity variance is a. $1,204 favorable b. $1,204 unfavorable c. $963 favorable d. $963 unfavorable Use this information for Flapjack Corporation to answer the question that follow. Flapjack Corporation had 7,824 actual direct labor hours at an actual rate of $12.44 per hour. Original production had been budgeted for 1,100 units, but only 978 units were actually produced. Labor standards were 7.0 hours per completed unit at a standard rate of $13.00 per hour. Round your answer to the nearest cent. The direct labor time variance is $4,412.74 unfavorable $4,412.74 favorable $12,714.00 unfavorable $12,714.00 favorable The following data relate to direct labor costs for the current period: Standard costs Actual costs 7,400 hours at $11.70 6,300 hours at $10.10 What is the direct labor time variance? a. $12,870 unfavorable b. $11,110 favorable c. $11,110 unfavorable d. $12,870 favorable Use this information for Harry Company to answer the question that follow. The following data are given for Harry Company: 1,060 units 939 units $1.81 10 9,672 $19,828 Budgeted production Actual production Materials: Standard price per ounce Standard ounces per completed unit Actual ounces purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs $14.89 per hour 4.3 4,836 $78,585 $1,024,000 $27.00 per standard labor hour $135,408 Overhead is applied on standard labor hours. (Round interim calculations to the nearest cent.) The direct labor rate variance is a. $6,576.96 unfavorable b. $6,576.96 favorable c. $18,463.65 unfavorable Od. $18,463.65 favorable The following data are given for Bahia Company: 1,099 units 914 units $1.94 11 9,752 $19,992 Budgeted production (at 100% of normal capacity) Actual production Materials: Standard price per pound Standard pounds per completed unit Actual pounds purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs Overhead is applied on standard labor hours. $14.29 per hour 4.3 4,707.1 $71,783 $1,124,000 $27.00 per standard labor hour $131,799 Round your final answer to the nearest dollar. The fixed factory overhead volume variance is a. $189,210 unfavorable b. $189,210 favorable c. $25,684 unfavorable d. $25,684 favorable
