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1. Lion Companys direct labor costs for the month of January were as follows:

Actual total direct labor-hour	20,000
Standard total direct labor-hours	21,000
Direct labor rate variance unfavorable	3,000
Total direct labor cost	126,00

What was Lions direct labor efficiency variance?

A. $6,000 favorable

B. $6,150 favorable

C. $6,300 favorable

D. $6,450 favorable

2. Revena Labs, Inc. makes a single product which has the following standards:

Direct materials	2.5 ounces at $20 per ounce
Direct labor	1.4 hours at $12.50 per hour
Variable manufacturing overhead	1.4 hours at ? per hour

Variable manufacturing overhead is applied on the basis of direct labor hours. The following data are available for October:

- 3,750 units of compound were produced during the month

- There was no beginning direct materials inventory

- The ending direct materials inventory was 2,000 ounces

- Direct materials purchased: 12,000 ounces for $225,000

- Direct labor hours worked: 5,600 hours at a cost of $67,200

- Variable manufacturing overhead costs incurred amounted to $18,200

- Variable manufacturing overhead applied to products: $18,375

The direct materials price variance for October is:

A. $15,000 unfavorable

B. $15,000 favorable

C. $25,000 unfavorable

D. $25,000 favorable

Longview Hospital performs blood tests in its laboratory. The following standards have been set for each blood test performed:

	Standard Quantity or Hours	Standard Price or Rate
Direct materials	2.0 plates	$2.75 per plate
Direct labor	0.2 hours	$15.00 per hour
Variable overhead	0.2 hours	$7.00 per hour

During May, the laboratory performed 1,500 blood tests. On May 1 there were no direct materials (plates) on hand; after a plate is used for a blood test it is discarded. Variable overhead is assigned to blood tests on the basis of direct labor hours. The following events occurred during May:

3,600 plates were purchased for $9,540

3,200 plates were used for blood tests

340 actual direct labor hours were worked at a cost of $5,550

The materials price variance for May is:

A. $360 F

B. $360 U

C. $740 F

D. $740 U

Bartoletti Fabrication Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The companys cost formula for variable manufacturing overhead is $4.60 per MH. The company had budgeted its fixed manufacturing overhead cost at $65,000 for the month. During the month, the actual total variable manufacturing overhead was $22,080 and the actual total fixed manufacturing overhead was $63,000. The actual level of activity for the period was 4,600 MHs. What was the total of the variable overhead spending and fixed overhead budget variances for the month?

A. $1,080 U

B. $1,080 F

C. $920 U

D. $920 F