91.The labor time variance is
a.$9,880 favorable
b.$9,880 unfavorable
c.$7,800 unfavorable
d.$7,800 favorable
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
92.Calculate the total direct materials cost variance.
a.$9,262.50 unfavorable
b.$9,262.50 favorable
c.$3,780.00 unfavorable
d.$3,562.50 favorable
93.Calculate the direct materials price variance.
a.$1,795.50 favorable
b.$378.00 favorable
c.$4,512.50 unfavorable
d.$378.00 unfavorable
94.Calculate 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
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
95.Calculate the total direct labor variance.
a.$2,051.25 favorable
b.$2,051.25 unfavorable
c.$2,362.50 unfavorable
d.$2,362.50 favorable
96.Calculate the direct labor time variance.
a.$2,362.50 favorable
b.$2,362.50 unfavorable
c.$6,540.00 favorable
d.$6,540.00 unfavorable
97.Calculate 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
98.Which of the following is
nota reason for a direct materials quantity variance?
a.malfunctioning equipment
b.purchasing of inferior raw materials
c.increased material cost per unit
d.spoilage of materials
99.The formula to compute the direct labor rate variance is to calculate the difference between
a.Actual costs + (Actual hours × Standard rate)
b.Actual costs – Standard cost
c.(Actual hours × Standard rate) – Standard costs
d.Actual costs – (Actual hours × Standard rate)
100.The formula to the compute direct labor time variance is to calculate the difference between
a.Actual costs – Standard costs
b.Actual costs + Standard costs
c.(Actual hours × Standard rate) – Standard costs
d.Actual costs – (Actual hours × Standard rate)