Question 90

A company developed the following per-unit standards for its product: 5 kilograms of direct materials at $2 per kilogram. Last month, 1,000 kilograms of direct materials were purchased for $2830. Also last month, 680 kilograms of direct materials were used to produce 131 units. What was the direct materials quantity variance for last month?

$50 unfavourable

$50 favourable

$640 unfavourable

$640 favourable

Question 91

If the materials price variance is $602 F and the materials quantity and labour variances are each $440 U, what is the total materials variance?

$602 F

$440 U

$162 F

$1042 U

Question 95

Marigold Co. produces wooden boxes. The companys standards per box require 6 boards, each costing $11 per board, and half of an hour of direct labour. The standard labour rate is $14 per hour. In August, Marigold Co. Purchased 12100 boards for a total cost of $123800. It used 11520 boards to manufacture 1830 boxes. Total labour hours were 1050 hours, and total labour costs were $16400. What was the total labour variance for August?

$1.62 F

$1.62 U

$3590 F

$3590 U

Question 96

Pharoah Company has a materials price standard of $2.40 per kilogram. 3950 kilograms of materials were purchased at $2.30 a kilogram. The actual quantity of materials used was 3610 kilograms, although the standard quantity allowed for the output was 3510 kilograms. Pharoah Company's total materials variance is

$155 F.

$1056 U.

$816 U.

$100 F.

Question 97

Sunland Co. produces wooden boxes. The companys standards per box require 5 boards, each costing $10 per board, and half of an hour of direct labour. The standard labour rate is $15 per hour. In August, Sunland Co. purchased 11910 boards for a total cost of $122300. It used 11410 boards to manufacture 1910 boxes. Total labour hours were 950 hours, and total labour costs were $16300. What was the materials purchase price variance for August?

$3200 F

$3200 U

$8200 F

$8200 U

PLEASE HELP ME! I'LL MAKE SURE TO RATE!