[The following information applies to the questions displayed below.]

Cost standards for one unit of product no. C77:
Direct material 3 pounds at $2.80 per pound	$8.40
Direct labor 5 hours at $7.20 per hour	36.00
Actual results:
Units produced 7,900 units
Direct material purchased 26,300 pounds at $3.00	$78,900
Direct material used 23,400 pounds at $3.00	70,200
Direct labor 40,800 hours at $7.00	285,600

rev: 10_29_2012

23.

Required information

Assume that the company computes variances at the earliest point in time. The direct-material quantity variance is: rev: 10_25_2011

$840F.

$840U.

$7,280U.

$7,280F.

None of these.

24.

Required information

Assume that the company computes variances at the earliest point in time. The direct-material price variance is: rev: 10_25_2011

$5,060F.

$5,060U.

$5,260F.

$5,260U.

None of these.

25.

Required information

Assume that the company computes variances at the earliest point in time. The direct-labor rate variance is: rev: 10_25_2011

$7,788F.

$7,788F.

$8,160F.

$8,160U.

None of these.

26.

Required information

Assume that the company computes variances at the earliest point in time. The direct-labor efficiency variance is:

$7,988F.

$7,988U.

$9,360F.

$9,360U.

None of these.

27.

Required information

Assume that the company computes variances at the earliest point in time. The standard hours allowed for the work performed are: rev: 10_25_2011

40,040.

39,650.

39,500.

39,400.

None of these.