6. The following data relate to direct labor costs for March: Rate: standard,...

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Accounting

6. The following data relate to direct labor costs for March:

Rate: standard, $12.00; actual, $12.25

Hours: standard, 18,500; actual, 17,955

Units of production: 9,450

What is the direct labor time variance?

a.

$2,362.50 favorable

b.

$2,362.50 unfavorable

c.

$6,540 favorable

d.

$6,650 unfavorable

____ 7. The following data relate to direct labor costs for March:

Rate: standard, $12.00; actual, $12.25

Hours: standard, 18,500; actual, 17,955

Units of production: 9,450

What is the direct labor rate variance?

a.

$4,488.75 unfavorable

b.

$6,851.25 favorable

c.

$4,488.75 favorable

d.

$6,851.25 unfavorable

____ 8. The following data relate to direct materials costs for February:

Materials cost per yard: standard, $2.00; actual, $2.10

Standard yards per unit: standard, 4.5 yards; actual, 4.75 yards

Units of production: 9,500

What is the direct materials price variance?

a.

$1,795.50 favorable

b.

$378.00 favorable

c.

$4,512.50 unfavorable

d.

$378.00 unfavorable

____ 9. The following data relate to direct materials costs for February:

Materials cost per yard: standard, $2.00; actual, $2.10

Standard yards per unit: standard, 4.5 yards; actual, 4.75 yards

Units of production: 9,500

What is the direct materials quantity variance?

a.

$4,512.50 unfavorable

b.

$4,512.50 favorable

c.

$4,750.00 unfavorable

d.

$4,750.00 favorable

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