Q4. The following data pertains to the month of October for ElmCo. when production was budgeted to be 5,000 units of P90. P90 has standard costs per unit of: 3lbs. of Direct Materials at a cost of $7.00 per lb; 0.20 hours of Direct Labor at $18.00 per hour; and Variable Overhead assigned on the basis of 0.05 machine hours at a rate of $50 per machine hour. Actual production of P90 for October was 4,600 units. In October the production of P90 totaled 4,600 units, using 828 direct labor hours costing a total of $15,732. Determine the direct labor efficiency variance. (Negative numbers indicate a favorable variance.)

Q5. Pablo Company has budgeted production for next year as follows: Q1 60,000 units; Q2 80,000 units; Q3 90,000 units; and Q4 70,000 units. Two pounds of material A are required for each unit produced. The company has a policy of maintaining a stock of material A on hand at the end of each quarter equal to 25% of the next quarter's production needs for material A. A total of 30,000 pounds of material A are on hand to start the year. Budgeted purchases of material A for the second quarter would be?

Q6. Center Company makes collections on sales according to the following schedule: 30% in the month of sale; 60% in the month following sale; 8% in the second month following the sale. The following sales are expected; January $100,000; February $120,000; and March $150,000. Cash collections in March are budgeted to be?