Ruby Company produces a chair that requires 3 yards of material per unit. The standard price of one yard of material is $9.30. During the month, 1,800 chairs were manufactured, using 14,700 yards at a cost of $8.74 per yard. Enter favorable variances as negative numbers. (a) Determine the price variance. (b) Determine the quantity variance. Favorable (c) Determine the cost variance Unfavorable Adirondak Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. Total DLH per Product Direct Overhead Labor Hours A Painting Dept. $249,700 9,600 11 Finishing Dept. 73,100 10,100 3 Totals $322,800 19,700 14 B 7 2 9 Calculate the overhead rate per unit for Product A in the Painting Department of Adirondack Marketing Inc. Oa. $598.24 per unit Ob. $16.39 per unit Oc. $182.07 per unit Od. $114.73 per unit