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Landram Corporation makes a product with the following standard costs:

Inputs	Standard Quantity or Hours	Standard Price or Rate
Direct materials	2.0 kilos	$7.00 per kilo
Direct labor	1.5 hours	$15.00 per hour
Variable overhead	1.5 hours	$3.00 per hour

In March the company produced 4,500 units using 10,210 kilos of the direct material and 2,190 direct labor-hours. During the month, the company purchased 10,780 kilos of the direct material at a cost of $76,660. The actual direct labor cost was $38,247 and the actual variable overhead cost was $11,948.

The company applies variable overhead on the basis of direct labor-hours. The direct materials price variance is computed when the materials are purchased.

The materials quantity variance for March is:

$8,605 U

$8,470 F

$8,470 U

$8,605 F

___________________________________________

2.

Hurren Corporation makes a product with the following standard costs:

Inputs	Standard Quantity or Hours	Standard Price or Rate	Standard Cost Per Unit
Direct materials	3.2 grams	$4.00 per gram	$12.80
Direct labor	0.8 hours	$13.00 per hour	$10.40
Variable overhead	0.8 hours	$4.00 per hour	$3.20

The company reported the following results concerning this product in June.

Originally budgeted output	8,700	units
Actual output	8,600	units
Raw materials used in production	26,990	grams
Actual direct labor-hours	6,400	hours
Purchases of raw materials	30,600	grams
Actual price of raw materials purchased	$4.10	per gram
Actual direct labor rate	$13.90	per hour
Actual variable overhead rate	$3.70	per hour

The company applies variable overhead on the basis of direct labor-hours. The direct materials price variance is computed when the materials are purchased.

The variable overhead rate variance for June is: (Round your intermediate calculations to 2 decimal places.)

$2,064 U

$1,920 U

$2,064 F

$1,920 F

___________________________________________

3.

Hurren Corporation makes a product with the following standard costs:

Inputs	Standard Quantity or Hours	Standard Price or Rate	Standard Cost Per Unit
Direct materials	5.6 grams	$4.00 per gram	$22.40
Direct labor	0.8 hours	$11.00 per hour	$8.80
Variable overhead	0.8 hours	$4.00 per hour	$3.20

The company reported the following results concerning this product in June.

Originally budgeted output	5,400	units
Actual output	5,300	units
Raw materials used in production	28,500	grams
Actual direct labor-hours	3,600	hours
Purchases of raw materials	33,000	grams
Actual price of raw materials purchased	$4.10	per gram
Actual direct labor rate	$11.90	per hour
Actual variable overhead rate	$3.70	per hour

The company applies variable overhead on the basis of direct labor-hours. The direct materials price variance is computed when the materials are purchased.

The variable overhead efficiency variance for June is:

$2,368 U

$2,560 F

$2,368 F

$2,560 U

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