The following materials standards have been established for a particular product:

Standard quantity per unit of output	3.5	grams
Standard price	$12.00	per grams

The following data pertain to operations concerning the product for the last month:

Actual materials purchased	2,300	grams
Actual cost of materials purchased	$ 26,795
Actual materials used in production	1,600	grams
Actual output	420	units

The direct materials purchases variance is computed when the materials are purchased.

Required:
a.	What is the materials price variance for the month? (Input the amount as a positive value. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.)

b.	What is the materials quantity variance for the month? (Input the amount a as positive value. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.)

19.

The following standards for variable overhead have been established for a company that makes only one product:

Standard hours per unit of output	6.0	hours
Standard variable overhead rate	$14.00	per hour

The following data pertain to operations for the last month:

Actual hours	9,500	hours
Actual total variable overhead cost	$125,150
Actual output	1,570	units

Required:
a.	What is the variable overhead rate variance for the month? (Input the amount as a positive value. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.)

b.

What is the variable overhead efficiency variance for the month? (Input the amount as a positive value. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.)

20.

Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below:

Sales	$17,450,000
Net operating income	$715,450
Average operating assets	$5,020,000

The division's margin is closest to: (Round your answer to 1 decimal place.)

14.3%

4.1%

15.5%

19.6%

21.

Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below:

Sales	$17,450,000
Net operating income	$715,450
Average operating assets	$5,020,000

The division's turnover is closest to: (Round your answer to 2 decimal places.)

24.39

3.48

0.14

7.02

22.

Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below:

Sales	$18,010,000
Net operating income	$810,450
Average operating assets	$4,530,000

The division's return on investment (ROI) is closest to: (Round your answer to 2 decimal places.)

4.50%

17.89%

14.04%

1.50%