The Wright Company has a standard costing system. The following data are available for September:

Actual quantity of direct materials purchased	20,000	pounds
Standard price of direct materials	$7	per pound
Material price variance	$5,000	unfavorable
Material quantity variance	$2,500	favorable

The actual price per pound of direct materials purchased in September is: (Round your answer to 2 decimal places.)

$6.68

$7.00

$7.25

$7.32

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

Standard labor-hours per unit of output	9.2	hours
Standard labor rate	$13.00	per hour

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

Actual hours worked	7,000	hours
Actual total labor cost	$88,200
Actual output	950	units

What is the labor efficiency variance for the month?

$25,420 F

$25,420 U

$21,924 F

$22,620 F

Krizum Industries makes heavy construction equipment. The standard for a particular crane calls for 19 direct labor-hours at $15 per direct labor-hour. During a recent period 1,250 cranes were made. The labor rate variance was zero and the labor efficiency variance was $5,100 unfavorable. How many actual direct labor-hours were worked?

28,850

23,750

24,090

22,500

The Fischer Corporation uses a standard costing system. The following data have been assembled for December:

Actual direct labor-hours worked	6,700	hours
Standard direct labor rate	$10	per hour
Labor efficiency variance	$1,500	unfavorable

The standard hours allowed for December's production is:

6,400 hours

6,550 hours

6,700 hours

6,850 hours

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

Standard hours per unit of output	7.4	hours
Standard variable overhead rate	$13.80	per hour

The following data pertain to operations for the last month:

Actual hours	2,775	hours
Actual total variable manufacturing overhead cost	$38,995
Actual output	200	units

What is the variable overhead efficiency variance for the month?

$18,571 U

$17,871 U

$700 F

$20,424 F

Landram Corporation makes a product with the following standard costs:

	Standard Quantity or Hours	Standard Price or Rate
Direct materials	2.0 liters	$7.00 per liters
Direct labor	0.7 hours	$15.00 per hour
Variable overhead	0.7 hours	$5.00 per hour

The company produced 4,500 units in April using 10,130 liters of direct material and 2,110 direct labor-hours. During the month, the company purchased 10,700 liters of the direct material at $7.10. per liter. The actual direct labor rate was $15.50 per hour and the actual variable overhead rate was $5.00 per hour.

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The materials quantity variance for April is:

$7,910 F

$8,023 U

$8,023 F

$7,910 U

Hurren Corporation makes a product with the following standard costs:

	Standard Quantity or Hours	Standard Price or Rate	Standard Cost Per Unit
Direct materials	4.4 grams	$8.00 per gram	$35.20
Direct labor	0.7 hours	$19.00 per hour	$13.30
Variable overhead	0.7 hours	$4.00 per hour	$2.80

The company reported the following results concerning this product in June.

Originally budgeted output	6,600	units
Actual output	6,500	units
Raw materials used in production	28,380	grams
Actual direct labor-hours	4,500	hours
Purchases of raw materials	31,800	grams
Actual price of raw materials purchased	$8.10	per gram
Actual direct labor rate	$19.90	per hour
Actual variable overhead rate	$3.70	per hour

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The materials quantity variance for June is:

$1,760 U

$1,782 F

$1,760 F

$1,782 U

Hurren Corporation makes a product with the following standard costs:

	Standard Quantity or Hours	Standard Price or Rate	Standard Cost Per Unit
Direct materials	4.2 grams	$4.00 per gram	$16.80
Direct labor	1.7 hours	$17.00 per hour	$28.90
Variable overhead	1.7 hours	$6.00 per hour	$10.20

The company reported the following results concerning this product in June.

Originally budgeted output	7,200	units
Actual output	7,100	units
Raw materials used in production	28,360	grams
Actual direct labor-hours	4,300	hours
Purchases of raw materials	31,600	grams
Actual price of raw materials purchased	$4.10	per gram
Actual direct labor rate	$17.90	per hour
Actual variable overhead rate	$5.70	per hour

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The materials price variance for June is:

$3,160 U

$2,856 F

$2,856 U

$3,160 F

Top of Form

Hurren Corporation makes a product with the following standard costs:

	Standard Quantity or Hours	Standard Price or Rate	Standard Cost Per Unit
Direct materials	3.1 grams	$5.00 per gram	$15.50
Direct labor	0.9 hours	$14.00 per hour	$12.60
Variable overhead	0.9 hours	$5.00 per hour	$4.50

The company reported the following results concerning this product in June.

Originally budgeted output	8,800	units
Actual output	8,700	units
Raw materials used in production	26,000	grams
Actual direct labor-hours	7,200	hours
Purchases of raw materials	30,500	grams
Actual price of raw materials purchased	$5.10	per gram
Actual direct labor rate	$14.90	per hour
Actual variable overhead rate	$4.70	per hour

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The labor efficiency variance for June is:

$9,387 U

$8,820 U

$9,387 F

$8,820 F

Bottom of Form

Hurren Corporation makes a product with the following standard costs:

	Standard Quantity or Hours	Standard Price or Rate	Standard Cost Per Unit
Direct materials	10.10 grams	$5.00 per gram	$50.50
Direct labor	0.2 hours	$18.00 per hour	$3.60
Variable overhead	0.2 hours	$5.00 per hour	$1.00

The company reported the following results concerning this product in June.

Originally budgeted output	8,800	units
Actual output	8,900	units
Raw materials used in production	41,700	grams
Purchases of raw materials	49,100	grams
Actual direct labor-hours	740	hours
Actual cost of raw materials purchases	$263,940
Actual direct labor cost	$8,428
Actual variable overhead cost	$3,404

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The labor rate variance for June is:

$4,910 F

$4,892 F

$4,910 U

$4,892 U

Hurren Corporation makes a product with the following standard costs:

	Standard Quantity or Hours	Standard Price or Rate	Standard Cost Per Unit
Direct materials	3.4 grams	$4.00 per gram	$13.60
Direct labor	0.6 hours	$11.00 per hour	$6.60
Variable overhead	0.6 hours	$8.00 per hour	$4.80

The company reported the following results concerning this product in June.

Originally budgeted output	8,500	units
Actual output	8,400	units
Raw materials used in production	28,280	grams
Actual direct labor-hours	4,800	hours
Purchases of raw materials	30,800	grams
Actual price of raw materials purchased	$4.10	per gram
Actual direct labor rate	$11.90	per hour
Actual variable overhead rate	$7.70	per hour

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The variable overhead efficiency variance for June is:

$1,848 F

$1,920 U

$1,848 U

$1,920 F

Hurren Corporation makes a product with the following standard costs:

	Standard Quantity or Hours	Standard Price or Rate	Standard Cost Per Unit
Direct materials	4.7 grams	$2.00 per gram	$9.40
Direct labor	0.7 hours	$12.00 per hour	$8.40
Variable overhead	0.7 hours	$7.00 per hour	$4.90

The company reported the following results concerning this product in June.

Originally budgeted output	6,900	units
Actual output	6,800	units
Raw materials used in production	28,410	grams
Actual direct labor-hours	4,200	hours
Purchases of raw materials	32,100	grams
Actual price of raw materials purchased	$2.10	per gram
Actual direct labor rate	$12.90	per hour
Actual variable overhead rate	$6.70	per hour

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The variable overhead rate variance for June is:

$1,428 U

$1,428 F

$1,260 F

$1,260 U

Landram Corporation makes a product with the following standard costs:

	Standard Quantity or Hours	Standard Price or Rate
Direct materials	2.0 kilos	$7.00 per kilo
Direct labor	1.4 hours	$16.00 per hour
Variable overhead	1.4 hours	$4.00 per hour

In March the company produced 4,400 units using 10,200 kilos of the direct material and 2,180 direct labor-hours. During the month, the company purchased 10,770 kilos of the direct material at a cost of $76,650. The actual direct labor cost was $38,248 and the actual variable overhead cost was $11,949.

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The materials price variance for March is:

$1,120 U

$1,260 F

$1,260 U

$1,120 F