Questions 7 - 11 refer to the following: ABC Company has set the following standards for the production of one case of Z

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Questions 7 - 11 refer to thefollowing:
ABC Company has set the following standards for the productionof one case of Zesty Pretzels:
Usage Cost
DirectMaterials .9pounds $5 perpound
DirectLabor .4 hours $15 per hour
VariableOverhead .4 hours $5 per hour
Actual information recorded by ABC Company for the month ofMarch is below:
7. Thematerials price variance for March is:
a. $3,500unfavorable c. $3,420 unfavorable
b. $3,500favorable d. $3,420 favorable
8. Thematerial quantity variance for March is:
a. $11,600 unfavorable c. $4,680 unfavorable
b. $11,600 favorable d. $4,680favorable
9. The laborrate variance for March is:
a. $546 unfavorable c. $1,014 unfavorable
b. $546 favorable d. $1,014 favorable
10. The labor efficiencyvariance for March is:
a. $1,560unfavorable c. $9,240 unfavorable
b. $1,560favorable d. $9,240 favorable