The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product: Actual Costs Standard Costs 6,000 lb. @ $4.00 Direct Material 6,200 lb. @ $3.90 Direct Labor 4,300 hrs. @ $14.70 4,000 hrs. @ $15.00 Determine the labor rate variance. Select one: O a. $1,200 F O b. $1,200 U O c. $1,290 F d. $1,290 U e. None of the above

Question # 1   Standard and the actual costs for direct materials and direct labor are given as under: Standard costs Direct materials​  8,000 units at total direct material costs Rs. 40,000 Direct labor:​  7,000 hours at Rs. 6 per hour Actual costs Direct materials​  8,500 units at Rs. 4.5 per unit Direct labor:​  6,500 hours at Rs. 6.25 per hour   Required a. Material Price Variance and Material Quantity Variance b. Labor Rate Variance and Labor Efficiency Variance

The following data relate to direct labor costs for the current period: Standard costs 7,300 hours at $11.80 Actual costs 6,400 hours at $10.00 The direct labor time variance is a. $10,620 unfavorable b. $9,000 favorable c. $9,000 unfavorable d. $10,620 favorable

The following data relate to direct labor costs for the current period: 7,200 hours at $11.00 6,400 hours at $10.80 Standard costs Actual costs The direct labor time variance is O a. $8,800 unfavorable O b. $8,640 favorable O c. $8,640 unfavorable O d. $8,800 favorable

The following data relate to direct labor costs for the current period: Line Item Description Value Standard costs 7,000 hours at $11.90 Actual costs 6,300 hours at $10.70 The direct labor time variance is a. $8,330 unfavorable b. $7,490 favorable c. $7,490 unfavorable d. $8,330 favorable

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The standard costs and actual costs for direct materials for the manufacture of 2,780 actual units of product are as follows: Standard Costs Direct materials Direct materials 2,780 kilograms at $8.70 Actual Costs 2,900 kilograms at $8.05 The direct materials quantity variance is Oa. $835 unfavorable Ob. $1,044 unfavorable Oc. $1,044 favorable Od. $835 favorable

The standard costs and actual costs for direct materials for the manufacture of 2,200 actual units of product are as follows: Standard Costs Direct materials 1,040 kilograms @$8.57 Actual Costs Direct materials 2,200 kilograms @ $8.35 The direct materials price variance is Oa. $229 favorable Ob. $229 unfavorable Oc. $484 unfavorable Od. $484 favorable

The standard costs and actual costs for direct materials for the manufacture of 2,430 actual units of product are as follows: Standard Costs Direct materials 2,430 kilograms @$8.50 Actual Costs Direct materials 2,500 kilograms @ $8.35 The direct materials quantity variance is

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