The following information pertains to questions #7 #8 and #9 Morse Company manufactures ice cabinets. The standard cost card for their main product follows:

Morse company maufactures ice cabinets. The standard cost card for their main product contains the following information.

Direct Materials 10 lbs @ $5 per lb. = $50; Direct Labor is 2 hours @ $15 per hour = $30;

Variable Overhead is applied at 2 hours @ $3 per Direct Labor hour = $6; Fixed overhead is applied at 2 hours @ $10 per Direct Labor hour = $20:

Total cost per unit planned is $106.

(7)For the week the following data was recorded for the production of 190 ice cabinets. The payroll department recorded 400 man-hours at
$14.50 per hour.

The stores department reported the use of 2000 lbs of material that cost $9700.

The direct materials purchase price variance for the week is:

$200U

$300F

$400U

$500U

None of the above answers.
(8)

The direct materials usage variance for the week is:

$200U

$300F

$400U

$500U

None of the above answers.

(9)The direct labor rate variance for the week is:

$200U

$300F

$400U

$500U

None of the above answers are correct.

PLEASE GUYS give some explanation to your answers.