The standard costs and actual costs for factory overhead for the manufacture of 2,700 units of actual production are as follows: Standard Costs Fixed overhead (based on 10,000 hours) 3 hours per unit at $0.76 per hour Variable overhead 3 hours per unit at $2.05 per hour Actual Costs Total variable cost, $18,000 Total fixed cost, $7,900 The fixed factory overhead volume variance is Oa. $1,155 favorable Ob. $0 Oc. $1,155 unfavorable Od. $1,444 unfavorable The standard costs and actual costs for factory overhead for the manufacture of 3,000 units of actual production are as follows: Standard Costs Fixed overhead (based on 10,000 hours) 3 hours per unit at $0.79 per hour Variable overhead 3 hours per unit at $2.01 per hour Actual Costs Total variable cost, $18,100 Total fixed cost, $8,100 The total factory overhead cost variance is Oa. $1,590 favorable Ob. $800 favorable Oc. $10 unfavorable Od. $800 unfavorable Diamond Boot Factory normally sells its specialty boots for $34 a pair. An offer to buy 75 boots for $27 per pair was made by an organization hosting a national event in Norfolk. The variable cost per boot is $12, and special stitching will add another $2 per pair to the cost. Determine the differential income or loss per pair of boots from selling to the organization. 13 Income Should Diamond Boot Factory accept or reject the special offer? Accept the special offer. Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,680 pounds of material at $5.30 and standard costs for 4,450 pounds of material at $6.30 per pound. The direct materials quantity variance is Oa. $1,449 unfavorable Ob. $4,680 favorable Oc. $1,449 favorable Od. $4,680 unfavorable