The Dresden Company uses standard costing for the single product the company makes and sells. The following data are for the month of April:

Actual cost of direct material purchased and used: $62,400

Material price variance: $4,800 unfavorable

Total materials variance: $14,400 unfavorable

Standard cost per pound of material: $6

Standard cost per direct labor hour: $8

Actual direct labor hours: 3,800 hours

Labor efficiency variance: $1,600 favorable

Standard number of direct labor hour per unit of product: 2

Total labor variance: $680 unfavorable

1) The standard quantity of material allowed to produce one unit of product was:

A) 1 pound

B) 4pounds

C) 6pounds

D) 2pounds

2) The actual material cost per pound was:

A) $6.50

B) $6.00

C) $5.00

D) $7.20

3) The actual direct labor rate per hour was:

A) $16.00

B) $6.50

C) $8.00

D) $8.60

4) The labor rate variance was:

A) $2,280 favorable

B) $2,280 unfavorable

C) $920 favorable

D) $920 unfavorable