The standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual production are as follows:

Standard Costs

Fixed overhead (based on 10,000 hours)

3 hours @ $.80 per hour

Variable overhead

3 hours @ $2 per hour

Actual Costs

Total variable cost, $18,000

Total fixed cost, $8,000

The amount of the total factory overhead cost variance is:

$2,000 favorable

$0

$2,500 unfavorable

$5,000 unfavorable

The following data is given for the Walker Company:

Budgeted production...................................................... 1,000 units

Actual production..............................................................980 units

Materials:

Standard price per lb.................................................$2.00

Standard pounds per completed unit................................12

Actual pounds purchased and used in production........11,800

Actual price paid for materials.................................$23,000

Labor:

Standard hourly labor rate............................................. $14 per hour

Standard hours allowed per completed unit.......................4.5

Actual labor hours worked............................................4,560

Actual total labor costs.............................................$62,928

Overhead:

Actual and budgeted fixed overhead...........................$27,000

Standard variable overhead rate.....................................$3.50 per standard labor hour

Actual variable overhead costs...................................$15,500

Overhead is applied on standard labor hours.

The direct material price variance is:

600 F

80U

80F

600U

The following data is given for the Walker Company:

Budgeted production	1,000 units
Actual production	980 units
Materials:
Standard price per lb	$2.00
Standard pounds per completed unit	12
Actual pounds purchased and used in production	11,800
Actual price paid for materials	$23,000
Labor:
Standard hourly labor rate	$14 per hour
Standard hours allowed per completed unit	4.5
Actual labor hours worked	4,560
Actual total labor costs	$62,928
Overhead:
Actual and budgeted fixed overhead	$27,000
Standard variable overhead rate	$3.50 per standard labor hour
Actual variable overhead costs	$15,500

Overhead is applied on standard labor hours.

The direct material quantity variance is:

80U

600F

80F

600U