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: 3 lbs. 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. In October the production of P90 totaled 4,600 units, using 15,100 lbs of material costing a total of $107,778. Determine the direct materials price variance. (Negative numbers indicate a favorable variance.)

Q5. Rocket Plating Company plans to manufacture 130,000 units during the year. Two types of materials are used to make GidgetSpinners: four ounces of Material A, costing $0.30 per ounce and two ounces of Material B, costing $0.40. On January 1, there are 8,000 ounces of Material A and 4,000 ounces of Material B on hand. It is planned to have 10,000 ounces of Material A and 6,000 ounces of Material B in inventory on December 31. What is the budgeted cost of purchasing Material B in the upcoming year?

Q6. 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?