The Koski Company has established standards asfollows:

Directmaterial                                                  3 pounds @ P4/pound = P12 per unit

Directlabor                                                        2 hours @ P8/hour = P16 per unit

Variableoverhead                                            2 hours @ P5/hour = $10 per unit

Actual production figures for the past year wereas follows:

Unitsproduced                                                                                   500

Direct materialused                                                                          1,600 pounds

Direct material purchased (3,000 pounds)                                 $12,300

Direct labor cost (950hours)                                                            $ 7,790

Variable overhead costincurred                                                    $ 4,655
  

1. The materials price variance is:
   A. P160 U
   B. P6,300 U
   C. P300 U
   D. P150 U

31. The materials quantity variance is:
   A. P400 U
    B. P410 F
   C. P410 U
    D. P6,000 U

32. The labor efficiency variance is:
    A. P400 F
    B. P800 F
    C. P800 U
    D. P500 F

33. The variable overhead rate variance is:
    A. P345 F
   B. P95 F
    C. P655.50 F
    D. P345 U