42. Which department should usually be held responsible for an unfavorable materials price variance? B....
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42. Which department should usually be held responsible for an unfavorable materials price variance? B. Materials Handling. C. Engineering. D. Purchasing. 43. If the labor efficiency variance is favorable, then A. actual hours exceeded standard hours allowed for the actual output B. standard hours allowed for the actual output exceeded actual hours. C, the standard rate exceeded the actual rate. D. the actual rate exceeded the standard rate. 44. Last month 75,000 pounds of direct material were purchased and used. If the actual purchase price p pound was $o.50 less than the standard purchase price per pound, then the materials price variance was: A. $2,000F B. $37,500 F C. $37,500 U D. $35,500 U E. $75,000 U 45. Bonnot Corporation makes a product that has the following direct labor standards: Standard direct labor-hours... 0.2 hours per unit Standard direct labor rate. $21.00 per hour Standard cost. S4.20 per unit The company budgeted for production of 2,100 units in October, but actual production was 1,900 units. Th company used 410 direct labor-hours to produce this output. The actual direct labor rate was $20.60 per ho The labor rate variance for October is: A. $164 F B. $164 U C.$152 U D. $152 F E. 148 F 46. LHU Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.5 hours of direct labor at the rate of S15.00 per direct labor-hour. The budgeted direct labor cost per unit of Product WZ would be: A. $17.50 B. $6.00 C. $15.00 D. $37.50 E. $8.00

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