The following data relate to labor cost for production of 3,200 cellular telephones:

Actual:	2,190 hrs. at $12.70
Standard:	2,160 hrs. at $13.00

a. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Rate variance	$	Favorable
Time variance	$	Unfavorable
Total direct labor cost variance	$	Favorable

b. The employees may have been less-experienced workers who were paid less than more-experienced workers or poorly trained, thereby resulting in a lower labor rate than planned. The lower level of experience or training may have resulted in less efficient performance. Thus, the actual time required was more than standard.

2.

Roanoke Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The standard costs for a batch of chocolate (7,900 bars) are as follows:

Ingredient	Quantity		Price
Cocoa	540	lbs.	$0.40		per lb.
Sugar	150	lbs.	$0.60		per lb.
Milk	120	gal.	$1.40		per gal.

Determine the standard direct materials cost per bar of chocolate. If required, round to the nearest cent. $per bar

3.

Sana Rosa Furniture Company manufactures designer home furniture. Sana Rosa uses a standard cost system. The direct labor, direct materials, and factory overhead standards for an unfinished dining room table are as follows:

Direct labor:	standard rate	$22.00 per hr.
	standard time per unit	4.00 hrs.
Direct materials (oak):	standard price	$9.50 per bd. ft.
	standard quantity	15 bd. ft.
Variable factory overhead:	standard rate	$3.20 per direct labor hr.
Fixed factory overhead:	standard rate	$1.20 per direct labor hr.

a. Determine the standard cost per dining room table. If required, round your answer to two decimal places. $ per dining room table

4.

The following data relate to the direct materials cost for the production of 2,300 automobile tires:

Actual:	58,800 lb. at $2.00
Standard:	60,600 lb. at $1.95

a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Price variance	$	Unfavorable
Quantity variance	$	Favorable
Total direct materials cost variance	$	Favorable

5.

Silicone Engine Inc. produces wrist-worn tablet computers. The company uses Thin Film Crystal (TFC) LCD displays for its products. Each tablet uses one display. The company produced 650 tablets during December. However, due to LCD defects, the company actually used 500 LCD displays during December. Each display has a standard cost of $6.40. LCD displays were purchased for December production at a cost of $3,050.

Determine the price variance, quantity variance, and total direct materials cost variance for December. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. And, enter your final variance amounts to the nearest whole dollar.

Price variance	$	Favorable
Quantity variance	$	Favorable
Total direct materials cost variance	$	Favorable

La Barte Company manufactures commuter bicycles from recycled materials. The following data for July of the current year are available:

Quantity of direct labor used	420 hrs.
Actual rate for direct labor	$11.80 per hr.
Bicycles completed in July	200 bicycles
Standard direct labor per bicycle	2 hrs.
Standard rate for direct labor	$12.00 per hr.

a. Determine the direct labor rate variance, time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Direct labor rate variance	$	Favorable
Direct labor time variance		Unfavorable
Total direct labor cost variance	$	Unfavorable

b. How much direct labor should be debited to Work in Process? $

6.

At the beginning of June, Kimber Toy Company budgeted 15,000 toy action figures to be manufactured in June at standard direct materials and direct labor costs as follows:

Direct materials	$26,250
Direct labor	6,750
Total	$33,000

The standard materials price is $0.70 per pound. The standard direct labor rate is $9.00 per hour. At the end of June, the actual direct materials and direct labor costs were as follows:

Actual direct materials	$24,300
Actual direct labor	6,300
Total	$30,600

There were no direct materials price or direct labor rate variances for June. In addition, assume no changes in the direct materials inventory balances in June. Kimber Toy Company actually produced 13,500 units during June.

Determine the direct materials quantity and direct labor time variances. Round your per unit computations to two decimal places, if required. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Direct materials quantity variance	$	Unfavorable
Direct labor time variance	$	Unfavorable

7.

The following data relate to factory overhead cost for the production of 7,000 computers:

Actual:	Variable factory overhead	$215,600
	Fixed factory overhead	68,750
Standard:	7,000 hrs. at $38	266,000

If productive capacity of 100% was 11,000 hours and the total factory overhead cost budgeted at the level of 7,000 standard hours was $291,000, determine the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $6.25 per hour. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Variance	Amount	Favorable/Unfavorable
Variable factory overhead controllable variance	$	Favorable
Fixed factory overhead volume variance		Unfavorable
Total factory overhead cost variance	$	Unfavorable

8.

Blumen Textiles Corporation began April with a budget for 39,000 hours of production in the Weaving Department. The department has a full capacity of 52,000 hours under normal business conditions. The budgeted overhead at the planned volumes at the beginning of April was as follows:

Variable overhead	$81,900
Fixed overhead	57,200
Total	$139,100

The actual factory overhead was $140,800 for April. The actual fixed factory overhead was as budgeted. During April, the Weaving Department had standard hours at actual production volume of 41,000 hours. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Round your interim computations to the nearest cent, if required.

a. Determine the variable factory overhead controllable variance. $ Favorable

b. Determine the fixed factory overhead volume variance. $ Unfavorable

9.

Abbeville Company manufactures faucets in a small manufacturing facility. The faucets are made from brass. Manufacturing has 50 employees. Each employee presently provides 40 hours of labor per week. Information about a production week is as follows:

Standard wage per hr.	$17.40
Standard labor time per faucet	20 min.
Standard number of lb. of brass	2.00 lb.
Standard price per lb. of brass	$11.25
Actual price per lb. of brass	$11.50
Actual lb. of brass used during the week	17,900 lb.
Number of faucets produced during the week	8,700
Actual wage per hr.	$17.90
Actual hrs. per week	2,000 hrs.

Required:

a. Determine the standard cost per faucet for direct materials and direct labor. Round the cost per unit to two decimal places.

Direct materials standard cost per unit	$
Direct labor standard cost per unit
Total standard cost per unit	$

b. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Direct materials price variance	$	Unfavorable
Direct materials quantity variance		Unfavorable
Total direct materials cost variance	$	Unfavorable

c. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Direct labor rate variance	$	Unfavorable
Direct labor time variance		Favorable
Total direct labor cost variance	$	Favorable