the following to answer questions 40-45: Pardoe, Inc., manufactures a single product in which variable manufacturing overhead is assigned on the basis of direct labor hours. The company uses a stand has established the following standards for one unit of product: Standard Standard Price Standard Quantity or Rate Cost Diret materils teria.. 1.5 pounds $3.00 per pound $4.50 1.5 pounds $3.00 per pound $4.50 Direct labor Variable manufacturing overhead. 0.6 hours $1.25 per hour S0.15 ....0.6 hours $6.00 per hour $3.60 During March, the following activity was recorded by the company The company produced 3,000 units during the month. .A total of 8,000 pounds of material were purchased at a cost of $23,000 . There was no beginning inventory of materials on hand to start the month; at the end of the month, 2,000 pounds of material remained in the warehouse. During March, 1600 direct labor hours were worked at a rate of $6.50 per hour. Variable manufacturing overhead costs during March totaled S1,800. 40. The materials price variance for March is: A S1,000 F B) $1,000 U C) S750 F D) S750 U The materials quantity variance for March is: A) S4,500F B) S10,500 F C) $10,500 U D) $4,500 U 41. 42. The labor rate variance for March is: A) $480 U B) $800 U C) $480 F D) $800 F 43. The labor efficiency variance for March is: A) $5,040 U B) S1,200 U $1,200 F D) $5,040