The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.96; actual, $2.04 Standard yards per unit: standard, 4.66 yards; actual, 5.18 yards Units of production: 9,400 Calculate the direct materials price variance.

a.$3,504.32 favorable

b.$3,895.36 unfavorable

c.$3,895.36 favorable

d.$752.00 unfavorable

The standard costs and actual costs for direct materials for the manufacture of 2,300 actual units of product are as follows:

Standard Costs
Direct materials	2,300 kilograms @$8.50
Actual Costs
Direct materials	2,400 kilograms @ $8.40

The direct materials quantity variance is

a.$850 unfavorable

b.$680 favorable

c.$680 unfavorable

d.$850 favorable

Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,680 pounds of material, $5.00; and standard costs for 4,470 pounds of material at $6.20 per pound.

What is the direct materials price variance?

a.$1,302 favorable

b.$5,616 favorable

c.$1,302 unfavorable

d.$5,616 unfavorable

Flapjack Corporation had 7,929 actual direct labor hours at an actual rate of $12.30 per hour. Original production had been budgeted for 1,100 units, but only 985 units were actually produced. Labor standards were 7.6 hours per completed unit at a standard rate of $13.19 per hour.

The direct labor rate variance is

$7,056.81 unfavorable

$7,056.81 favorable

$5,687.26 unfavorable

$5,687.26 favorable

1. Budgeted production	1,080 units
   Actual production	913 units
   Materials:
   Standard price per ounce	$1.897
   Standard ounces per completed unit	11
   Actual ounces purchased and used in production	10,344
   Actual price paid for materials	$21,205
   Labor:
   Standard hourly labor rate	$14.78 per hour
   Standard hours allowed per completed unit	4.3
   Actual labor hours worked	4,702
   Actual total labor costs	$76,408
   Overhead:
   Actual and budgeted fixed overhead	$1,074,000
   Standard variable overhead rate	$25.00 per standard labor hour
   Actual variable overhead costs	$131,656

   Overhead is applied on standard labor hours. (Round interim calculations to the nearest cent.)

   The direct labor rate variance is

   a.$6,911.94 unfavorable

   b.$6,911.94 favorable

   c.$18,383.20 favorable

   d.$18,383.20 unfavorable