The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 4.9 pounds $13.70 per pou The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased Actual materials used in production 5,550 pounds $63,380 5,050 pounds Actual output 750 units The direct materials purchases variance is computed when the materials are purchased.

The standard costs and actual costs for direct materials for the manufacture of 2,800 actual units of product are as follows: Standard CostsDirect materials     1,040 kilograms at $8.51 Actual CostsDirect materials     2,800 kilograms at $8.05 The direct materials price variance is a. $478 favorable b. $478 unfavorable c. $1,288 favorable d. $1,288 unfavorable

The following materials standards have been established for a particular product:     Standard quantity per unit of output   4.7 pounds Standard price $ 13.50 per pound     The following data pertain to operations concerning the product for the last month:     Actual materials purchased   5,250 pounds Actual cost of materials purchased $ 63,180   Actual materials used in production   4,750 pounds Actual output   730 units     The direct materials purchases variance is computed when the materials are purchased.   What is the materials quantity variance for the month?

The following data relate to direct materials costs for February:Materials cost per yard: standard, $1.91; actual, $2.04Yards per unit: standard, 4.70 yards; actual, 5.08 yardsUnits of production: 9,000The direct materials price variance is a.$5,499.00 favorable b.$1,170.00 unfavorable c.$5,943.60 favorable d.$5,943.60 unfavorable