A company makes table lamps, for which the following standards have been developed:

A company makes table lamps, for which the following standards have been developed:Standard Inputs Expected for Each Unit of OutputDirect materials 20 kilogramsDirect labour 6 hoursStandard Price Expected per Unit of OutputDirect materials $2 per kilogramDirect labour $8 per hourDuring January, production of 100 lamps was expected, but 110 lamps were actually completed.Direct materials purchased and used were 2,100 kilograms at an actual price of $ 2.20 per kilogram.Direct labour cost for the month was $ 5,310, and the actual pay per hour was $ 9.00.The direct-labour efficiency variance for the month of January isa) $ 70 favourableb) $ 560 favourable.c) $ 560 unfavourabled) $ 630 favourablee) $ 630 unfavourableThe direct-material price variance for January isa) $ 20 favourableb) $ 420 unfavourable.c) $ 420 favourable.d) $ 400 unfavourable.e) $ 400 favourable

A company makes table lamps, for which the following standards have been developed:Standard Inputs Expected for Each Unit of OutputDirect materials 20 kilogramsDirect labour 6 hoursStandard...