The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.98; actual, $2.04 Standard yards per unit: standard, 4.62 yards; actual, 5.14 yards Units of production: 9,300 Calculate the direct materials price variance. Oa. $558.00 unfavorable Ob. $2,868.12 unfavorable Oc. $2,577.96 favorable Od. $2,868.12 favorable Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,670 pounds of material, $5.00 and standard costs for 4,450 pounds of material at $6.00 per pound. What is the direct materials quantity variance? Oa. $1,320 unfavorable Ob. $4,670 favorable Oc. $1,320 favorable Od. $4,670 unfavorable The standard costs and actual costs for direct materials for the manufacture of 2,410 actual units of product are as follows: Standard Costs Direct materials 2,410 kilograms @ $8.50 Actual Costs Direct materials 2,500 kilograms @ $8.20 The direct materials quantity variance is Oa. $765 favorable Ob. $612 unfavorable Oc. $765 unfavorable Od. $612 favorable Flapjack Corporation had 7,720 actual direct labor hours at an actual rate of $12.40 per hour. Original production had been budgeted for 1,100 units, but only 959 units were actually produced. Labor standards were 7.1 hours per completed unit at a standard rate of $12.82 per hour. The direct labor rate variance is $3,242.40 unfavorable $3,242.40 favorable $12,012.25 unfavorable $12,012.25 favorable