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130 Sheridan has a standard of 1.5 pounds of materials per unit, at $6 per pound. In producing 1400 units, Sheridan used 2300 pounds of

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130 Sheridan has a standard of 1.5 pounds of materials per unit, at $6 per pound. In producing 1400 units, Sheridan used 2300 pounds of materials at a total cost of $13455. Sheridan's materials quantity variance is o $855 F O $345 u. O $2100 u. O $1200 U Choice 164 Budgeted overtead for Bonita Industries at normal capaity of 2900 direct lbor hours is so per hour variable and s4 per hour fixed. In Hay, $292800 of overhead was incurred in working 30500 hours when 31000 standard hours were allowed The overhead volume variance is $8000 favorable. $17200 favorable. O $1100o favorable

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