View Policies Current Attempt in Progress Sunland Enterprises purchased 60,000 gallons of direct materials during the year at a price of $ 2.00 per gallon. Sunland's direct materials price variance was $6,000 Favorable. Calculate the standard price per gallon of direct materials. (Round answer to 2 decimal places, eg. 15.25.) Standard price $ /gal eTextbook and Media Save for Later Attempts: unlimited Submit Answer View Policies Current Attempt in Progress Sheridan produces 5-foot USB cables. During the past year, the company purchased 200.000 feet of plastic-coated wire at a price of $0.30 per foot. The direct materials standard for the cables allows 6 feet of wire at a standard price of $0.35 per foot. During the year, the company used a total of 231.000 feet of wire to produce 39,000 5-foot cables. Calculate Sheridan's direct materials quantity variance for the year. Direct material quantity variance e Textbook and Media Favorable Unfavorable Neither Favorable nor Unfavorable Save for Later Attempts: unlimited Submit Answer Current Attempt in Progress Concord Incasements manufactures protective cases for MP3 players. During November, the company's workers clocked 790 more direct labor hours than the flexible budget amount of 25,750 hours to complete 100,200 cases for the Christmas season. All workers were paid $8.99 per hour, which was $ 0.51 less than the standard wage rate. Calculate Concord's direct labor efficiency variance. $ Direct labor efficiency variance Neither Favorable nor Unfavorable Unfavorable Favorable eTextbook and Media Seve for Later Attempts: unlimited Submit Answer Current Attempt in Progress The following information is available for Concord's Hot Dogs: 12,010 packages 12,500 packages Actual production Budgeted production Standard direct labor hours Actual direct labor hours Standard variable overhead rate 1.5 direct labor hours per package 19,070 $3 per direct labor hour Actual variable overhead costs $50,960 Calculate the variable overhead spending and efficiency variances. (Round answers to decimal places, e.g. 125. If variance is zero, select "Not Applicable" and enter for the amounts.) $ Variable overhead spending variance Variable overhead efficiency variance Favorable Not Applicable Unfavorable e Textbook and Media Save for Later Attempts: unlimited Submit Answer View Policies Current Attempt in Progress Vaughn Foods Company manufactures single-serve mustard packets used in fast-food restaurants. Al Vaughn, the company's CFO, prepared the following standard cost card for a box of mustard packets ( 80 packets in a box), based on expected production of 40,000 boxes. $ 1.10 0.40 Direct materials Direct labor Variable overhead Fixed overhead Total standard cost per box 0.27 1.52 $3.29 During the year, Vaughn Foods actually produced 40,860 boxes and incurred $ 56,000 in fixed manufacturing overhead. Calculate the fixed overhead spending variance. (If variance is zero, select "Not Applicable and enter for the amounts.) Fixed overhead spending variance Favorable Not Applicable Unfavorable e Textbook and Media Save for Later Attempts: unlimited Submit