Question Completion Status: QUESTION 2 The Cox Company uses standard costing. The following data are available for April: Actual quantity of direct materials used..... 12,200 gallons Standard price of direct materials .............. $4 per gallon Material quantity variance $2,000 unfavorable The standard quantity of material allowed for April production is 14,200 gallons 12,700 gallons 11,700 gallons 10.200 gallons QUESTION 3 The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output........ 4.2 hours Standard variable overhead rate .......... $11.55 per hour The following data pertain to operations for the last month: Actual hours .... 8.600 hours Actual total variable manufacturing overhead cost....... $95,890 Actual output....... -. ............ 1,900 units What is the variable overhead efficiency variance for the month? $3.192 U $6.913 F $7.161 U $6,913 U QUESTION 4 The materials quantity variance should be computed: when materials are purchased. based upon the amount of materials used in production. based upon the difference between the actual and standard prices per unit times the actual quantity used. only when there is a difference between standard and actual cost per unit for the materials. QUESTIONS Variable manufacturing overhead is applied to products on the basis of standard direct labor-hours. If the direct labor efficiency variance is unfavorable, the variable overhead efficiency variance will be favorable. unfavorable @ either favorable or unfavorable. zero