Standard direct materials cost per metre $11 Standard direct materials quantity per tablecloth (metres) 2 Standard direct labour cost per hour $15 Standard direct labour hours per tablecloth 0.5 During the month of September, the company produced 1,000 tablecloths. Related production data for the month follows: Actual metres of direct material purchased and used Actual direct materials total cost Actual direct labour hours Actual direct labour cost incurred What is Paulson Corporation's direct materials price variance for the month? 2,200 $22,900 2,100 $17,850 O A. $1,300 favourable O B. $2,200 unfavourable O c. $2,200 favourable OD. $1,300 unfavourable A computer chip is purchased to be used in the manufacture of a radio. The standard price of the computer chip is $50.00. During the month of January, 2,240 computer chips were purchased and used. The materials price variance was $5,600 unfavourable. The standard number of computer chips allowed for the actual number of radios manufactured during the period was 3,100 chips. What was the actual purchase price of each computer chip? A. $52.50 per computer chip OB. $49.82 per computer chip O c. $47.50 per computer chip OD. $50.18 per computer chip Irvin Racquet Company produces tennis racquets. The direct labour standard for each racquet is 0.50 hours at a cost of $22.00 per direct labour hour. During the month of April, Irvin Racquet Company used 4,200 direct labour hours to produce 2,350 racquets. Total direct labour cost for April was $91,350. What is the labour price (rate) variance for Irvin Racquet Company for April? A. $1,050 unfavourable B. $1,050 favourable OC. $39,650 unfavourable D. $39,650 favourable